For the purposes of this Regulation, the following definitions shall apply:
((1))
‘deferral period’ means a period of up to six months;
((2))
‘function’ means a structured set of activities, services or operations that are delivered by the institution or group to third parties irrespective from the internal organisation of the institution;
((3))
‘business line’ means as a structured set of activities, processes or operations that are developed by the institution or group for third parties to achieve the organisation's goals.