This legislation has been repealed.
In this Act unless the
context requires otherwise —
“advance” means an advance made by an
approved lending institution to an approved farmer for the purposes of this
Act;
“approved farmer” means a person in
respect of whom a certificate under section 15 has been issued;
“approved lending institution” means
an institution or body appointed to be an approved lending institution under
section 11;
“Authority” means the Rural Housing
Authority established under this Act;
“Fund” means the Rural Housing Fund
established under this Act;
“guarantee” means a guarantee given
pursuant to this Act by the Treasurer to an approved institution;
“holding” means —
(a) land
of which an approved farmer is the holder of the fee simple estate;
(b) land
of which an approved farmer is the lessee —
(i)
under a pastoral lease granted under Part 7 of the Land
Administration Act 1997 ; or
(ii)
under any other lease granted under that Act and on which
the approved farmer conducts activities related to primary production;
or
(c) land
of which an approved farmer is the lessee under a perpetual lease granted for
the purposes of the scheme as defined in section 4 of the
War Service Land Settlement Scheme Act, 1954 ;
[(d)
deleted]
“section” means section of this Act.
[Section 3 amended by No. 12 of 1978 s.2; No. 54
of 1986 s.2; No. 31 of 1997 s.80.]