Definitions
4 Definitions
In this Act, unless the contrary intention appears:
annual general meeting, in relation to an R&D Corporation, means an annual general meeting that the Corporation is required to convene under section 58.
annual operational plan means an annual operational plan of an R&D Corporation in force under Division 3 of Part 2.
borrowing includes raising money or obtaining credit, whether by dealing in securities or otherwise, but does not include obtaining credit in a transaction forming part of the day‑to‑day operations of an R&D Corporation.
Chairperson, in relation to an R&D Corporation, means the Chairperson of the Corporation.
Deputy Chairperson, in relation to an R&D Corporation, means the Deputy Chairperson of the Corporation.
designated primary industry sector in relation to an R&D Corporation: see section 5.
director means a director of an R&D Corporation, and includes:
the Chairperson; and
the Executive Director;
of the Corporation.
Executive Director, in relation to an R&D Corporation, means the Executive Director of the Corporation appointed under Division 9 of Part 2.
Finance Minister means the Minister who administers the Public Governance, Performance and Accountability Act 2013.
funding agreement means an agreement under section 42 of the Primary Industries Levies and Charges Disbursement Act 2024.
marketing activities, in relation to an R&D Corporation, means the following:
the marketing, advertising or promotion of:
a designated primary industry sector in relation to that Corporation; or
goods that are the produce, or that are derived from the produce, of a designated primary industry sector in relation to that Corporation;
activities incidental to such marketing, advertising or promotion.
member, in relation to a Selection Committee, means a member of the Selection Committee, and includes the Presiding Member of the Selection Committee.
nominated director means a director of an R&D Corporation, other than the Chairperson or the Executive Director of the Corporation.
Presiding Member means a person appointed under section 122 as the Presiding Member of the Selection Committee for an R&D Corporation.
primary industry means any field of endeavour (other than the wool industry) whose objective is:
the production of agricultural or other primary produce; or
the conservation and the sustainable use and management of a natural resource.
R&D Corporation means:
a research and development corporation established under regulations, or continued in existence under regulations, made for the purposes of section 8; or
the Rural Industries Research and Development Corporation established under section 9.
R&D plan means an R&D plan of an R&D Corporation in force under Division 3 of Part 2.
representative organisation, in relation to an R&D Corporation, means an organisation declared under section 7 to be a representative organisation in relation to the Corporation.
research and development: see section 5.
research and development activity: see section 5.
Selection Committee means a Selection Committee for an R&D Corporation established under section 124 or 125.
this Act includes the regulations.
A reference in this Act to expenses incurred by a Selection Committee includes a reference to the remuneration and allowances payable to the Presiding Member and other members of the Selection Committee and persons employed or engaged by the Selection Committee.
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