3Interpretation

### 3 Interpretation > *\[Section 3 Amended by No. 29 of 1984, sched. 1 \]**\[Section 3 Amended by No. 39 of 1986, s. 4 \]**\[Section 3 Amended by No. 68 of 1994 \]**\[Section 3 Substituted by No. 76 of 1995, s. 4 \]* > > > (1)  In this Act, unless the contrary intention appears – > > > > > ***annual report*** means the annual report for TDR prepared under [section 29E](#GS29E@EN) ; > > > > > ***Australian Accounting Standards*** means Statements of Accounting Standards issued jointly by the National Councils of the Australian Society of Certified Practising Accountants and The Institute of Chartered Accountants in Australia or their successors; > > > > > ***Authority*** means the Tasmanian Development Authority as existing on 30 June 1995; > > > > > ***authorized officer*** means an officer of TDR to whom any of its functions or powers is delegated under [section 19](#GS19@EN) [(1)](#GS19@Gs1@EN) ; > > > > > ***Board*** means Tasmania Development and Resources Board; > > > > > ***business undertaking*** includes the provision of services; > > > > > ***chairperson*** means the chairperson of the Board appointed under [section 5](#GS5@EN) [(3)](#GS5@Gs3@EN) ; > > > > > ***chief executive*** means the chief executive appointed under [section 5](#GS5@EN) [(3)](#GS5@Gs3@EN) ; > > > > > ***commencement day*** means the day fixed under [section 2](#GS2@EN) [(2)](#GS2@Gs2@EN) ; > > > > > ***corporate plan*** means the corporate plan approved under [section 15A](#GS15A@EN) ; > > > > > ***director*** means a person appointed as a director under [section 5](#GS5@EN) ; > > > > > ***financial statements*** means the financial statements prepared under [section 29B](#GS29B@EN) and includes the consolidated financial statements prepared in respect of TDR and all its subsidiaries under that section; > > > > > ***financial year*** means a period of 12 months ending on 30 June in any year; > > > > > ***functions*** includes duties; > > > > > ***officer of TDR*** means a person appointed and holding office under [section 16](#GS16@EN) ; > > > > > ***Primary Industry Bank*** means the Australian Resources Development Bank Limited, incorporated in Victoria; > > > > > ***public authority*** means a body corporate that is constituted or established by or under an Act, or appointed by the Governor by or under the authority of an Act, for a public purpose; > > > > > ***repealed Act*** means an Act specified in [Schedule 5](#JS5@EN) or a corresponding former enactment; > > > > > ***statement of corporate intent*** has the meaning given by [section 15C](#GS15C@EN) ; > > > > > ***TDR*** means Tasmania Development and Resources; > > > > > ***TDR Act*** means an Act administered by TDR under the [Administrative Arrangements Act 1990](/view/html/inforce/2026-04-12/act-1990-004) . > > > (2)  [*\[Section 3 Subsection (2) amended by No. 42 of 2001, Sched. 1, Applied:15 Jul 2001\]*](/view/html/inforce/2001-07-15/act-2001-042#JS1@Ja60@GC1@Hpb@EN) [*\[Section 3 Subsection (2) amended by No. 42 of 2001, Sched. 1, Applied:15 Jul 2001\]*](/view/html/inforce/2001-07-15/act-2001-042#JS1@Ja60@GC1@Hpa@EN) In this Act a reference to a subsidiary has the meaning given by the Corporations Act as if TDR were a corporation within the meaning of that Act.