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PREMIER LEAGUE

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SECTION A: DEFINITIONS AND INTERPRETATION<br />

A.1.64. “General Meeting” means any meeting of the members of the League duly<br />

called in accordance with the provisions of Article 18;<br />

A.1.65. “Group” has the meaning set out in section 474(1) of the Act; A.1<br />

A.1.66. “Group Accounts” mean accounts that a Club is required to prepare pursuant<br />

to section 399 of the Act, or which its Parent Undertaking is required to deliver<br />

to the Registrar of Companies pursuant to section 400(2)(e) or section 401(2)(f)<br />

of the Act;<br />

A.1.67. “Group Undertaking” has the meaning set out in Section 1161(5) of the Act; A.1<br />

A.1.68. “HMRC” means HM Revenue and Customs or such other government<br />

department(s) that may replace the same;<br />

A.1.69. “Holding” means the holding and/or possession of the beneficial interest in,<br />

and/or the ability to exercise the voting rights applicable to, shares or other<br />

securities in the Club (whether directly, indirectly (by means of holding such<br />

interests in one or more other persons) or by contract including without limitation<br />

by way of membership of any Concert Party) which confer any voting rights<br />

exercisable at general meetings of the Club;<br />

For the purposes of the above, any rights or powers of a nominee for any Person<br />

shall be attributed to that Person, that is to say any rights or powers which another<br />

Person possesses on his behalf or may be required to exercise at his direction or on<br />

his behalf and any rights or powers of any other Person which is a Connected<br />

Person to any Person shall be attributed to that Person;<br />

A.1.70. “Home Club” means the Club on whose ground a League Match is or was or<br />

should be or should have been played or, where the Clubs participating in that<br />

League Match share a ground, the Club whose name first appears in respect of<br />

that League Match on the League’s fixture list;<br />

A.1.71. “Home Grown Player” means a Player who, irrespective of his nationality or age,<br />

has been registered with any Club (or club) affiliated to the Football Association or<br />

the Football Association of Wales for a period, continuous or not, of three Seasons<br />

or 36 months prior to his 21st birthday (or the end of the Season during which he<br />

turns 21) and for the purposes of this definition of “Home Grown Player” a Season<br />

will be deemed to commence on the date on which the first Transfer Window closes<br />

and expire on the date of the final League Match of the Season;<br />

A.1.72. “Image Contract” means any contract whereby a Player transfers to any Person<br />

(‘the transferee’) the right to exploit his image or reputation either in relation to<br />

football or non-footballing activities;<br />

A.1.73. “Image Contract Payment” means any payment made or liability incurred by or<br />

on behalf of a Club to a transferee in order to acquire that right;<br />

A.1.74. “Individual Voluntary Arrangement” means an arrangement made under the<br />

provisions of Part VIII of the Insolvency Act 1986;<br />

A.1<br />

A.1<br />

A.1<br />

A.1<br />

A.1<br />

A.1<br />

A.1<br />

A.1<br />

A.1<br />

D.1.11<br />

81<br />

<strong>PREMIER</strong> <strong>LEAGUE</strong> RULES: SECTION A

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