Finance (Certain European Union and Intergovernmental Obligations) Act 2016
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Interpretation | ||
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1. (1) In this Act— | ||
“Intergovernmental Agreement” means the Agreement on the Transfer and Mutualisation of Contributions to the Single Resolution Fund done at Brussels on 21 May 2014; | ||
“Loan Facility Agreement” means the agreement, the terms of which are set out in the Schedule , to be made between the Single Resolution Board on the one part and the State on the other part; | ||
“Minister” means Minister for Finance; | ||
“SRM Regulation” means Regulation (EU) No. 806/2014 of the European Parliament and of the Council of 15 July 2014. | ||
(2) A word or expression that is used in any of sections 2 to 7 and— | ||
(a) is also used in the SRM Regulation has the meaning in the section concerned that it has in the SRM Regulation; or | ||
(b) is not used in the SRM Regulation but is used in the Intergovernmental Agreement, has the meaning in the section concerned that it has in the Intergovernmental Agreement. |