1. (1) In this Act—

“Board of Governors” means the Board of Governors referred to in Article 4;

“ESM” means the international financial institution established as the European Stability Mechanism by Article 1;

“ESM Member” means a state that is a member of the ESM;

“Principal Act” means the European Stability Mechanism Act 2012;

F1[“Treaty" has the meaning given to it by section 1 (amended by section 3 (a) of the Finance (European Stability Mechanism and Single Resolution Fund) Act 2021) of the Principal Act.]

(2) A reference in this Act to a numbered Article is a reference to the Article so numbered of the Treaty.