Companies Act 2014
Interpretation ( Part 24)
1385. (1) In this Part—
“investment company” has the meaning given to it by section 1386 ;
“Minister” means the Minister for Finance;
“management company” means a company designated by an investment company to undertake the management of the investment company;
“property” means real or personal property of whatever kind (including securities);
“sub-fund” means a portfolio of assets and liabilities maintained by an investment company in accordance with its articles and which has been approved by the Central Bank as a separate sub-fund of the investment company;
“UCITS Regulations” means the European Communities (Undertakings for Collective Investment in Transferable Securities) Regulations 2011 ( S.I. No. 352 of 2011);
“umbrella fund” means an investment company which has one or more sub-funds and which is authorised by the Central Bank pursuant to section 1395 .
(2) For the purposes of the application by this Part of certain provisions of the UCITS Regulations to investment companies, those provisions shall be read as one with this Part.