2. Definitions

In these Regulations, unless the context otherwise requires —“designated FHC” or “DFHC” means a designated financial holding company;“FHC” means a financial holding company;“major stake”, in relation to a DFHC, has the meaning given by section 31(10) of the Act;“subsidiary”, other than in relation to an FHC, has the meaning given by section 5 of the Companies Act 1967.

“designated FHC” or “DFHC” means a designated financial holding company;

“FHC” means a financial holding company;

“major stake”, in relation to a DFHC, has the meaning given by section 31(10) of the Act;

“subsidiary”, other than in relation to an FHC, has the meaning given by section 5 of the Companies Act 1967.