(1) In these Regulations:
"articles" in relation to a company has the meaning assigned to it by the Companies Act 1963;
"authorised management company" means any company which has been authorised by the Bank under Regulation 15A; in these Regulations except where the context otherwise requires, a reference to a management company means an authorised management company;
"Bank" means the Central Bank of Ireland;
"branch" means a place of business which is a part of the management company, which has no legal personality and which provides the services for which the management company has been authorised; all the places of business set up in the same Member State by a management company with headquarters in another Member State shall be regarded as a single branch;
"Collective Portfolio Management" means the management of UCITS and other collective investment undertakings. Collective portfolio management includes the functions specified in Schedule 5;
"Companies Acts" means the Compan