Crown Agents Act 1979
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Change 1
31 Interpretation.
(1) In this Act— “acounting year” means, . . . a period of twelve months ending with the 31st December in any year; “the appointed day” means the day appointed by the Minister under section 1(1); “the Board” means the Crown Agents Holding and Realisation Board; . . . “the Crown Agents” means the body corporate established by section 1; . . . “functions” includes powers and duties; “the Minister” means the Minister of Overseas Development; “pension”, in relation to any person, means a pension, whether contributory or not, of any kind whatever payable to or in respect of him, and includes an allowance or a gratuity so payable (whether on retirement or otherwise) and a return of contributions to a pension fund or of insurance premiums, with or without interest or any other addition; “performance”, in relation to functions, includes the exercise of powers as well as the performance of duties, and “perform” shall be construed accordingly; “regulations” means regulations made by the Minister with the approval of the Treasury; . . . “subsidiary” shall be construed in accordance with section 736 of the Companies Act 1985or Article 4 of the Companies (Northern Ireland) Order 1986, and “wholly owned subsidiary” shall be construed in accordance with section 736(2)of the Companies Act 1985or Article 4(2)of that Order of 1986; “the unincorporated Agents” has the meaning given by section 1(2)(b). (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) Any provision of this Act conferring a power to give directions or instructions shall be construed as imposing, on any person to whom directions or instructions are given thereunder, a duty to comply with those directions or instructions.
31 Interpretation.
(1) In this Act— “acounting year” means, . . . a period of twelve months ending with the 31st December in any year; “the appointed day” means the day appointed by the Minister under section 1(1); “the Board” means the Crown Agents Holding and Realisation Board; . . . “the Crown Agents” means the body corporate established by section 1; . . . “functions” includes powers and duties; “the Minister” means the Minister of Overseas Development; “pension”, in relation to any person, means a pension, whether contributory or not, of any kind whatever payable to or in respect of him, and includes an allowance or a gratuity so payable (whether on retirement or otherwise) and a return of contributions to a pension fund or of insurance premiums, with or without interest or any other addition; “performance”, in relation to functions, includes the exercise of powers as well as the performance of duties, and “perform” shall be construed accordingly; “regulations” means regulations made by the Minister with the approval of the Treasury; . . . “subsidiary” shall be construed in accordance with section 736 of the Companies Act 1985or Article 4 of the Companies (Northern Ireland) Order 1986, and “wholly owned subsidiary” shall be construed in accordance with section 736(2)of the Companies Act 1985or Article 4(2)of that Order of 1986; “the unincorporated Agents” has the meaning given by section 1(2)(b). (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4) Any provision of this Act conferring a power to give directions or instructions shall be construed as imposing, on any person to whom directions or instructions are given thereunder, a duty to comply with those directions or instructions.
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