In these regulations, unless the context otherwise indicates—

"banking institution"

means a banking institution registered under the Banks Act, 1965 (Act No. 23 of 1965);

"building society"

means a building society registered under the Building Societies Act, 1965 (Act No. 24 of 1965);

"chairman"

in relation to a board, means the member of such board designated as chairman under section 17(9) of the Act or the person lawfully presiding at any meeting of such board;

"chief social welfare officer"

in relation to any region, means the officer in charge of the regional office of the Department of Social Welfare and Pensions in such region or any person lawfully acting in his stead;

"contracting party"

means any person with whom a fund-raising organisation, registered branch or holder has entered into an agreement as contemplated in section 7(3) of the Act;

"fair value"

in relation to immovable property and other assets, means the price which such property or assets may reasonably be expected to fetch in the open market in a bona fide sale on the date in question;

"financial statements"

means the financial statements referred to in regulation 13(1);

"financial year"

means the financial year referred to in regulation 16;

"legal representative"

means counsel or an attorney;

"local committee"

in relation to any board, means a committee appointed under section 19 of the Act and to which such board has delegated any of its powers or functions under the Act;

"official languages"

means the official languages of the Republic;

"Post Office Savings Bank"

means the savings bank referred to in section 52 of the Post Office Act, 1958 (Act No. 44 of 1958);

"region"

means a region established under section 5 of the National Welfare Act, 1978 (Act No. 100 of 1978);

"registered address"

in relation to a fund-raising organisation, registered branch or holder, means the place in the Republic registered with the Director as the address at which such fund-raising organisation, registered branch or holder will accept service of any notice in terms of the Act or these regulations;

"respondent"

means any fund-raising organisation, registered branch, other organisation or person to which or to whom an authority, registration certificate or temporary authority has been granted or issued which is the subject of an investigation or enquiry under section 5(5) or section 8 of the Act;

"subsidised service"

means any independent service rendered or activity which is carried on by a fundraising organisation or registered branch to or for the benefit of the public and in respect of which such fund-raising organisation or registered branch is receiving financial assistance from the State;

"the Act"

means the Fund-Raising Act, 1978 (Act No. 107 of 1978);

and every word to which a meaning has been assigned in the Act shall bear that meaning.