4Definitions

#### 4 Definitions (1) 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: (a) the Chairperson; and (c) 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: (a) the marketing, advertising or promotion of: (i) a designated primary industry sector in relation to that Corporation; or (ii) goods that are the produce, or that are derived from the produce, of a designated primary industry sector in relation to that Corporation; (b) 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: (a) the production of agricultural or other primary produce; or (c) the conservation and the sustainable use and management of a natural resource. > R&D Corporation means: (a) a research and development corporation established under regulations, or continued in existence under regulations, made for the purposes of section 8; or (b) 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. (2) 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.