Definitions
3 Definitions
In this Act—
Corporation means the Rural Finance Corporation of Victoria established under section 4 of the Rural Finance Act 1988;
Department has the same meaning as in the Public Administration Act 2004;
Department Head has the same meaning as in the Public Administration Act 2004;
former Corporation property means property, rights or liabilities of the Corporation that, under Part 3, have vested in, or become liabilities of, the Rural Assistance Commissioner;
liabilities means all liabilities, duties and obligations, whether actual, contingent or prospective;
Member means the person appointed under section 12;
property means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in any real or personal property of any description;
rights means all rights, powers, privileges and immunities, whether actual, contingent or prospective;
rural assistance scheme means a Commonwealth or State scheme to assist, promote or develop rural and regional industries and communities;
S. 3 def. of Secretary amended by Nos 22/2022 s. 165, 41/2025 s. 4(Sch. 2 item 24.1).
Secretary means the Secretary, Department of Energy, Environment and Climate Action.
This Act’s bill:Explanatory memorandumSecond reading speech
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