(1) In these Regulations -
"auctioneer" has the meaning assigned to it by section 127 of the Finance Act 1995 (No. 8 of 1995);
"collective investment scheme" has the meaning assigned to it by section 206 (inserted by section 105 of the Finance Act 1994 (No. 13 of 1994)) of the Finance Act 1992 (No. 9 of 1992);
"Directive" means Council Directive No. 91/308/EEC of 10 June 1991, as amended by Directive No. 2001/97/EC of the European Parliament and of the Council of 4 December 2001;
"investment business firm" has the meaning assigned to it by section 2 of the Investment Intermediaries Act 1995 (No. 11 of 1995);
"practice", except in relation to an accountant, means the professional practice of a designated body;
"solicitor" has the meaning assigned to it by section 3 (inserted by section 3 of the Solicitors (Amendment) Act 1994 (No. 27 of 1994)) of the Solicitors Act 1954.
(2) A word or expression which is used in these Regulations and which is also used in the Directive has, unless