The marginal notes hereto shall not affect the construction hereof. In these regulations, unless the context otherwise indicates—

"Act"

means the Development Bank of Southern Africa Act, 1997, and any amendments thereto that may be made from time to time;

"Bank"

means the Development Bank of Southern Africa Limited;

"Board"

means the directors for the time being;

"Companies Act"

means Act No. 61 of 1973; as amended from time to time;

"debenture"

includes "debenture stock," and "local registered loan stock";

"directors"

means the directors for the time being;

"dividend"

includes bonus;

"general meeting"

means an annual general meeting or a general meeting of shareholders;

"permanent capital"

includes issued share capital, the development fund contributions of the Bank and other similar funds of a permanent nature;

"register"

means as the context may indicate either the register of the shareholders or of the debenture holders of the Bank kept at the office of the Bank;

"representative of a shareholder"

means a representative of a shareholder in terms of these regulations;

"secretary"

includes any person appointed to perform the duties of secretary;

"writing/in written"

includes written, typed, printed, computer-generated or lithographed.

Any words defined in the Act bears the same meaning in these regulations.

Words importing the singular include the plural and vice versa.