Interpretation
2 Interpretation
In this Act, unless the contrary intention appears—
approved borrower means a person—
to whom a bank has made or proposes to make a loan for the purpose of enabling or assisting him to acquire land for the business of rural production; and
who, having regard to his ability and experience in such business, is approved by the Treasurer as a suitable person to undertake or conduct such business;
bank means—
any body corporate carrying on the business of banking in South Australia, including the State Bank of South Australia and The Savings Bank of South Australia; or
any other person or body, whether incorporated or not, approved by the Treasurer as an authorised lender for the purposes of this Act, either generally or in any particular case;
business of rural production means business of agriculture, pasturage, horticulture, viticulture, apiculture, poultry farming, dairy farming or any other business (excluding forestry) consisting of the cultivation of soils, the gathering in of crops or the rearing of livestock;
land includes improvements on land;
the Director-General means the Director-General of Agriculture;
the Treasurer means The Treasurer of South Australia, a body corporate constituted by the Treasurer's Incorporation Act 1949.
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