Article 60 - Interpretation
(1) In these
Regulations, a reference to:
(A) a provision of any law or regulation includes a reference to that provision as amended or re-enacted from time to time;
(B) an obligation to publish or cause to be published a particular
Document shall, unless expressly provided otherwise in these Regulations, include publishing or causing to be published in printed or electronic form;
(C) a calendar year shall mean a year of the Gregorian calendar;
(D) a month shall mean a month of the Gregorian calendar;
(E) a reference to the masculine gender includes the feminine and the neuter; and
(F) writing includes any form of representing or reproducing words in legible form.
(2) The headings in these
Regulations shall not affect their interpretation.
(3) A reference in these
Regulations to a Part, Article or Schedule by number only, and without further identification, is a reference to a Part, Article or Schedule of that number in these Regulations.
(4) A reference in an Article or other division of these
Regulations to a paragraph, sub-paragraph or Article by number or letter only, and without further identification, is a reference to a paragraph, sub-paragraph or Article of that number or letter contained in the Article or other division of these Regulations in which that reference occurs.
(5) Each of the Schedules to these
Regulations shall have effect as if set out in these Regulations and reference to these Regulations shall include reference to the Schedules.
(6) Any reference in these
Regulations to "include", "including", "in particular" "for example", "such as" or similar expressions shall be considered as being by way of illustration or emphasis only and are not to be constructed so as to limit the generality of any words preceding them.
(7) Unless otherwise provided in these
Regulations, any determination of whether Goods are Inventory or Equipment is to be made as of the time when the Security Interest in the Goods attaches.
Proceeds are traceable whether or not there is a fiduciary relationship between the Person who has a Security Interest in the Proceeds, as provided in Article 19, and the Person who has rights in or has dealt with the Proceeds.
(9) A reference in these
Regulations to an "agreement" shall include any agreement effected by a contract, deed or any other instrument or Document intended to have effect in accordance with QFC Law or the laws of another jurisdiction.