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(d) a group of persons in which the credit worthiness, ability to generate funds or the future viability of each, depends on one or other member of the group; (e) a group of persons in which one member has power directly or indirectly to control the other members; (f) any other group of persons as may be determined by the Central Bank; "business of a financial nature" means the collection of funds in the form of deposits, shares, loans, premiums, and the investment of such funds in loans, shares and other securities and includes the types of businesses set out in Schedule II but does not include banking business; "capital base" means the total of paid-up share capital, statutory reserve fund, share premium account, retained earnings and any other capital account approved by the Central Bank, in the case of local licensed financial institutions, or such other capital account or similar measure as approved by the Central Bank in the case of a licensed branch of a foreign financial institution, less any amount by which that total has been impaired in either case;

"Central Bank" means the Eastern Caribbean Central Bank established under Article 3 of the Agreement;

"control" means the power of a person, either alone or with an affiliate or relative or connected or other person, directly or indirectly or by an agreement or otherwise to: (a) exercise more than twenty per cent of the voting rights at any meeting of shareholders of a licensed financial institution, company or unincorporated body; (b) elect a majority of the directors of a licensed financial institution, company or unincorporated body; or (c) exert influence over the business and affairs of a licensed financial institution, company or unincorporated body;

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