Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

REGIONAL INVESTMENT CORPORATION ACT 2018 - SECT 4

Definitions

    In this Act:

"Agriculture Minister" means the Minister who administers the Primary Industries Research and Development Act 1989 .

"Board" means the Board of the Corporation established by section   14 .

"Board member" means a member of the Board (and includes the Chair).

"CEO" means the Chief Executive Officer of the Corporation.

"Chair" means the Chair of the Board.

"constitutional corporation" means a corporation to which paragraph   51(xx) of the Constitution applies.

"constitutional trade or commerce" means trade or commerce:

  (a)   between Australia and places outside Australia; or

  (b)   among the States; or

  (c)   within a Territory, between a State and a Territory or between 2 Territories.

"Corporation" means the Regional Investment Corporation established by section   7 .

"Desertification Convention" means the United Nations Convention to Combat Desertification in those Countries Experiencing Serious Drought and/or Desertification, Particularly in Africa , done at Paris on 17   June 1994.

Note:   The Convention is in Australian Treaty Series 2000 No.   18 ([2000] ATS 18) and could i n 20 1 8 be viewed in the Australian Treaties Library on the AustLII website ( http:// www.austlii.edu.au).

"drought resilience" has the same meaning as in the Future Drought Fund Act 2019 .

"farm business loan" means a loan made, or proposed to be made, to a farm business:

  (a)   engaged solely or mainly in producing commodities for constitutional trade or commerce; or

  (b)   for the purpose of encouraging or promoting constitutional trade or commerce; or

  (c)   that is a constitutional corporation; or

  (d )   to allow the business to satisfy the requirements of a contract with a constitutional corporation which relates to the corporation's trading activities; or

  (e)   in an affected area, within the meaning of the Desertification Convention , for the purpose of implementing Australia's international obligations under that Convention ; or

  (f)   in a Territory.

"Operating Mandate" : see section   11 .

"paid work" means work for financial gain or reward (whether as an employee, a self - employed person or otherwise).

"responsible Ministers" means:

  (a)   the Agriculture Minister ; and

  (b)   the Minister who administers the Public Governance, Performance and Accountability Act 2013 .

"rules" means rules made under section   54 .

"start day" means 1   July 2018 or, if a day is specified in an instrument made under paragraph   8 (4)(b), that day.

"vacancy" , in relation to the office of a Board member, has a meaning affected by subsection   20(3).



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback