Education Legislation Act 2016

Subpart 10—Amendments to Part 15 (administration of tertiary institutions)

31 New section 164A inserted (Interpretation)

After the Part 15 heading, insert:

164A Interpretation

In this Part, unless the context otherwise requires,—

Crown entity group has the meaning given by section 136 of the Crown Entities Act 2004

financial product has the meaning given by section 7 of the Financial Markets Conduct Act 2013

related entity, in relation to an institution, means a person or body that is a related party for the purpose of any financial reporting standard that applies to the institution under generally accepted accounting practice.