related parties "related parties" in relation to- (a) a corporation, means- (i) related within the meaning of section 6 of the Companies Act 1965 [Act 125]; or (ii) companies with common directors or shareholders; and (b) a shareholder or director, means- (i) the spouse of the person; (ii) the brother or sister of the person; (iii) the brother or sister of the spouse of the person; (iv) any lineal ascendant or descendant of the person; (v) any lineal ascendant or descendant of the spouse of the person; (vi) the spouse of any person referred to in paragraph (ii), (iii), (iv) or (v); (vii) any lineal descendant of a person referred to in paragraph (ii), (iii) or (vi); (viii) any uncle, aunt or cousin of the person, or of the spouse of the person; or (ix) any spouse, or any lineal ascendant or descendant , of a person referred to in paragraph (viii). PU(A) 392/2011 - MONEY SERVICES BUSINESS (MINIMUM CAPITAL FUNDS) REGULATIONS 2011 2. Interpretation