2. Interpretation
In this Act —
“applicant” means a person engaged in other business activity who applies under section 5(1) to be registered as a supervised entity;
“application” means an application submitted under section 5 for registration or section 8 for renewal of registration;
“Authority” means the Financial Intelligence Authority continued under section 4 of the Money Laundering (Prevention) Act;
“beneficial owner” has the meaning assigned under section 2 of the Money Laundering (Prevention) Act;
“Certificate of Registration” means the certificate issued by the Authority on the grant of an application for registration under section 7;
“Certificate of Renewal” means the certificate issued by the Authority on approval of an application for renewal of registration under section 8;
“close associate” means a person known to maintain an unusually close relationship with the applicant;
“criminal conduct” has the meaning assigned under section 2 of the Money Laundering (Prevention) Act;
“other business activity” means a business activity specified under paragraphs 2, 4, 5, 7 and 8 of Part B of Schedule 2 of the Money Laundering (Prevention) Act;
“Register” means the Register of Supervised Entities under section 12;
“supervised entity” means a person engaged in other business activity registered under section 7(2)(a);
“ultimately own and control” has the meaning assigned under section 2 of the Money Laundering (Prevention) Act.