s.2Interpretation
2
Section 2Part 0 —

Interpretation

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In this Act — “Authority” means the Tax Information Authority designated under section 4 of the Tax Information Authority Act (2021 Revision) or a person designated by the Authority to act on behalf of the Authority; “Cayman Islands Monetary Authority” means the Authority established as such under section 5(1) of the Monetary Authority Act (2020 Revision); “director”, in relation to an entity, means any director, member or other person in whom the management of the entity is vested and “board of directors” shall be construed accordingly; “economic substance test” shall be construed in accordance with section 4; and “Registrar” —
in the case of a company that is incorporated or registered under the Companies Act (2026 Revision), has the meaning given to that expression by section 2(1) of that Act;
in the case of a limited liability company that is registered under the Limited Liability Companies Act (2025 Revision), has the meaning given to that expression by section 2 of that Act;
in the case of a limited liability partnership that is registered under the Limited Liability Partnership Act (2025 Revision), has the meaning given to that expression by section 2(1) of that Act.
In this Act, words and expressions listed in the Schedule are to be construed in accordance with that Schedule.

Defined Terms

AuthorityCayman Islands Monetary Authoritydirectorboard of directorseconomic substance testRegistrar

Cross References

  • Section 4 of Tax Information Authority Actexternal

    Reference to section 4 of the Tax Information Authority Act (2021 Revision)

  • Section 5 of Monetary Authority Actexternal

    Reference to section 5(1) of the Monetary Authority Act (2020 Revision)

  • Section 2 of Companies Act

    Reference to section 2(1) of the Companies Act (2026 Revision)

  • Section 2 of Llc Act

    Reference to section 2 of the Limited Liability Companies Act (2025 Revision)

  • Section 2 of Llp Act

    Reference to section 2(1) of the Limited Liability Partnership Act (2025 Revision)