Document ID: chunk:federal_register_of_legislation:C2024C00541:section:4:p1
Version: federal_register_of_legislation:C2024C00541
Segment Type: section
Provision Reference: s 4 (pt 1/4)
Character Range: 6186–8906

4  Interpretation
 (1) In this Act, unless the contrary intention appears:
ADI (authorised deposit‑taking institution) means:
 (a) a body corporate that is an ADI for the purposes of the Banking Act 1959; or
 (b) the Reserve Bank of Australia; or
 (c) a bank constituted by a law of a State or internal Territory.
AFOF means an Australian venture capital fund of funds within the meaning of subsection 118‑410(3) of the Income Tax Assessment Act 1997.
approved investment plan, in relation to a PDF, has the meaning given by subsection 17(2).
Board means Industry Innovation and Science Australia, established by section 6 of the Industry Research and Development Act 1986.
Chairperson means the Chairperson of the Board.
committee means a committee appointed under section 22 of the Industry Research and Development Act 1986.
company means a company that is incorporated, or taken to be incorporated, under the Corporations Act 2001 and that has a share capital.
director, in relation to a body corporate, means a person who is a director of the body for the purposes of the Corporations Act 2001.
eligible business means a business that does not consist, or consist primarily, of an excluded activity.
eligible corporation means a body corporate that is, for the purposes of paragraph 51(20) of the Constitution, a trading corporation, or a financial corporation, formed within the limits of the Commonwealth.
ESVCLP means an early stage venture capital limited partnership within the meaning of subsection 118‑407(4) of the Income Tax Assessment Act 1997.
excluded activity means a prescribed activity.
executive officer, in relation to a body corporate, means a person, by whatever name called and whether or not a director of the body, who is concerned, or takes part, in the management of the body.
give information to the Board has the meaning given by subsection 4(8) of the Industry Research and Development Act 1986.
hold, in relation to shares, has the meaning given by subsection (4).
investment manager, in relation to a company, means:
 (a) an eligible corporation that is engaged to supply investment management services to the company; or
 (b) an eligible corporation that is a member of a partnership that is so engaged; or
 (c) an officer of an eligible corporation that is so engaged or is such a member; or
 (d) a person (other than an eligible corporation) who is a member or employee of such a partnership; or
 (e) a person (other than an eligible corporation) who is engaged to supply (otherwise than as an officer of the company) investment management services to the company; or
 (f) an employee of a natural person of a kind referred to in paragraph (e); or
 (g) an officer of a body corporate