5Definitions

5 Definitions

In this Act:

Aboriginal person has the same meaning as in the Aboriginal and Torres Strait Islander Act 2005.

appointed member means a member appointed under section 15.

Australia’s greenhouse gas emissions reduction targets means:

(a) if:
(i) Australia’s current nationally determined contribution was communicated in accordance with Article 4 of the Paris Agreement in June 2022; and
(ii) that nationally determined contribution has not been adjusted in accordance with paragraph 11 of Article 4 of the Paris Agreement;
the greenhouse gas emissions reduction targets set out in paragraphs 10(1)(a) and (b) of the Climate Change Act 2022; or
(b) in any other case—the greenhouse gas emissions reduction targets included in:
(i) Australia’s current nationally determined contribution communicated in accordance with Article 4 of the Paris Agreement; or
(ii) if that nationally determined contribution has been adjusted in accordance with paragraph 11 of Article 4 of the Paris Agreement—that nationally determined contribution, as adjusted and in force from time to time.

Board means the Board of the Facility.

CEO means the Chief Executive Officer of the Facility.

Chair means the Chair of the Board.

Facility means the Northern Australia Infrastructure Facility established by section 6.

Finance Minister means the Minister who administers the Public Governance, Performance and Accountability Act 2013.

financial assistance, in relation to the function conferred on the Facility by subsection 7(1A), includes assistance in the form of loans, letters of credit, guarantees, purchase of bonds, and equity investments.

Indigenous person means:

(a) an Aboriginal person; or
(b) a Torres Strait Islander.

Investment Mandate: see subsection 9(2).

Local Government Area means a local government area recognised by the Australian Bureau of Statistics.

member means a member of the Board and includes the Chair.

Minister for Northern Australia means the Minister who administers this Act.