Clause 2

In this Act, unless the context otherwise requires —“appointed day” means the date of commencement of this Act;“Authority” means the Accounting and Corporate Regulatory Authority established under section 3;“Chairman” means the Chairman of the Authority appointed under section 5(1)(a) and includes any temporary Chairman of the Authority;“Chief Executive” means the Chief Executive of the Authority appointed under section 10 and includes any person acting in that capacity;“debenture” includes debenture stock;“Deputy Chairman” means any person who is appointed under section 5(3)(a) to be the Deputy Chairman of the Authority;“member” means a member of the Authority;“Public Accountants Board” means the Public Accountants Board established under section 3 of the Accountants Act (Cap. 2) repealed by the Accountants Act 2004;“Registry of Companies and Businesses” means the Government department known as the Registry of Companies and Businesses;“securities”, in relation to a company, includes shares, debentures, bonds and other securities of the company, whether or not constituting a charge on the assets of the company;“shares” includes stocks.