Section 2
Interpretation
In this Act, unless the context otherwise requires—
“accounting records”, in relation to a corporation, includes invoices, receipts, orders for payment of money, bills of exchange, cheques, promissory notes, vouchers and other documents of prime entry and
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also includes such working papers and other documents as are necessary to explain the methods and calculations by which accounts are prepared;
“annual general meeting”, in relation to a public company, means a meeting of the company required to be held by section 340;
“annual return” means the return required to be lodged under section 68, and includes any document accompanying the return;
“approved company auditor” means a person who has been approved under section 263 as an auditor and whose approval has not been revoked;
“approved liquidator” means a person who has been approved under section 433 as a liquidator and whose approval has not been revoked;
“banking corporation” means a licensed bank, licensed investment bank, licensed Islamic bank and licensed international Islamic bank;
“beneficial owner” means the ultimate owner of the shares and does not include a nominee of any description;
“Board”, in relation to a company, means—
(a)
directors of the company who number not less than the required quorum acting as a board of directors; or
(b)
if the company has only one director, that director;
“books” includes any register or other record of information and any accounts or accounting records, however compiled, recorded or stored, and also includes any document;
“borrowing corporation” means a corporation that is or will be under a liability, whether or not such liability is present or future, to repay any money received or to be received by it in response to an invitation to the public to subscribe for or purchase debentures of the corporation in accordance with the provisions of Subdivision 10 of Division 1 of