Section 2Part 1 — Introductory
Definitions
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In this Law — “Authority” means the Cayman Islands Monetary Authority established under section 5(1) of the Monetary Authority Law (2018 Revision) and includes any employee of the Cayman Islands Monetary Authority acting under the Authority’s authorisation; “Bank” means the Cayman Islands Development Bank established under section 3; “Board” means the Board of directors of the Bank as constituted under this Law; “Court” means the Grand Court; “director” means a director of the Board; “enterprise” means an agricultural enterprise, an industrial enterprise, a tourism enterprise, an educational enterprise, a housing enterprise, a fishing enterprise, a services enterprise or any other enterprise that may be approved from time to time by the Minister; “industry” includes any commercial activity, and “industrial” has a corresponding meaning; and “Minister” means the Minister for the time being responsible for the Bank.
Defined Terms
AuthorityBankBoardCourtdirectorenterpriseindustryMinister
Cross References
- Section 5 of Monetary Authority Law
establishment of Cayman Islands Monetary Authority