Commonwealth Consolidated Acts Commonwealth Consolidated ActsIn this Act, unless the contrary intention appears:
"Australian Coal Research Limited" means the company incorporated in the State of Queensland carrying on business under the name of the Australian Coal Research Limited at the time of the commencement of the Coal Research Assistance Amendment Act 1992 .
"coal" includes brown coal.
"grant agreement" means:
(a) in relation to the Research Account--an agreement entered into by the Commonwealth before the commencement of the Coal Research Assistance Amendment Act 1992 for the purposes of, or in connection with, research to be done with money provided, in whole or in part, out of the Account; and
(b) in relation to Australian Coal Research Limited--an agreement to which the company is a party, entered into for the purposes of, or in connection with, research to be done with money provided, in whole or in part, by the company.
"intellectual property rights" means rights associated with all copyrights, registered and unregistered trade marks , registered designs, trade secrets and know - how, and all other intellectual property as defined in Article 2 of the Convention Establishing the World Intellectual Property Organisation of July 1967 concluded at Stockholm, to which Australia is a party.
"research" means scientific, technical or economic research in connexion with coal or products derived from coal, and includes:
(a) the training of persons for the purpose of any such research;
(b) the publication of reports, periodicals, books and papers in connexion with such research;
(c) the dissemination of information and advice in connexion with scientific, technical or economic matters related to coal or products derived from coal; and
(d) any matter incidental to a matter referred to in this definition.
"Research Account" means the Coal Research Trust Account established by this Act.
"research advisory committee" means a committee appointed under subsection 7(1) or declared under subsection 7(2) to be a research advisory committee for the purposes of this Act.
"unfunded commitment" means:
(a) in relation to the Research Account--the amount of financial liability arising from grant agreements in relation to the Account that cannot be met by the amount of money standing to the credit of the Account; and
(b) in relation to Australian Coal Research Limited--the amount of financial liability arising from grant agreements in relation to the company that cannot be met by the total value of liquid assets held by the company.