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(1)The following definitions apply for purposes of this Act—
" business " includes a profession ;
" initial " includes any recognised abbreviation of a name ;
" lawful business name ", in relation to a business, means a name under which the business was carried on without contravening section 2(1) of this Act or section 2 of the [1916 c. 58.] Registration of Business Names Act 1916;
" local authority" means any local authority within the meaning of the [1972 c. 70.] Local Government Act 1972 or the [1973 c. 65.] Local Government (Scotland) Act 1973, the Common Council of the City of London or the Council of the Isles of Stilly;
" partnership " includes a foreign partnership ;
" statutory maximum " means—
in England and Wales the prescribed sum under section 32 of the [1980 c. 43.] Magistrates' Courts Act 1980, and
in Scotland, the prescribed sum under section 289B of the [1975 c. 21.] Criminal Procedure (Scotland) Act 1975 ;
and " surname ", in relation to a peer or person usually known by a British title different from his surname, means the title by which he is known.
(2)Any expression used in this Act and also in the Companies Act 1985 has the same meaning in this Act as in that.
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