3Interpretation

3 Interpretation

[Section 3 Subsection (1) amended by No. 50 of 1987, s. 37 ][Section 3 Subsection (1) amended by No. 40 of 1991, s. 22 ][Section 3 Subsection (1) amended by No. 4 of 1995, s. 4 ][Section 3 Subsection (1) amended by No. 30 of 1995, s. 3 and Sched. 1 ][Section 3 Subsection (1) amended by No. 52 of 1995, s. 3 and Sched. 1 ]

(1)  In this Act, unless the contrary intention appears –

the Corporation means the Tasmanian Public Finance Corporation established under Part II ;

loan means any form of financial accommodation (not being a grant) and "lend" and "borrow" have corresponding meanings;

local government authority means a council;

the Minister responsible, in relation to a State authority, means the Minister having the administration of the Act by or under which the State authority is constituted;

participating authority means –

(a) a State authority; or

(b) [Section 3 Subsection (1) amended by No. 16 of 1997, Sched. 1, Applied:30 Jul 1997] a local government authority that has made arrangements to borrow money from, or to deposit money with, the Corporation; or

(c) [Section 3 Subsection (1) amended by No. 16 of 1997, Sched. 1, Applied:30 Jul 1997] [Section 3 Subsection (1) amended by No. 41 of 2005, Sched. 1, Applied:31 Dec 2005] [Section 3 Subsection (1) amended by No. 52 of 2008, Sched. 1, Applied:16 Jun 2009] the Tasmanian Ports Corporation Pty. Ltd. (ACN 114 161 938) while all the shares in that corporation are held in trust for the Crown; or

(d) the Corporation, or a subsidiary of the Corporation, within the meaning of the ; or