Interpretation
3 Interpretation
In these regulations –
Act means the Tasmanian Development Act 1983;
administrator means a person appointed as administrator under section 32 of the Act;
associated entity– see regulation 4;
business judgment means any decision to take or not to take action in respect of a matter relevant to the business operations of the Authority;
former director means a person who ceased to be a director within the period of 7 years immediately preceding the relevant time;
former officer means a person who ceased to be an officer within the period of 7 years immediately preceding the relevant time;
material personal interest– see regulation 5;
relative includes a person with whom a person is in a personal relationship, within the meaning of the Relationships Act 2003.
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