Clause 2

In this Act, unless the context otherwise requires —“Board” means the National Research Foundation Board established under section 9;“Council” means the Research, Innovation and Enterprise Council established under section 10;“Fund” means the National Research Fund established under section 4;“invest” includes entering into a transaction or an arrangement for the protection of investments;“knowledge” means any knowledge or other information, whether or not the possessor of the knowledge or information has any legally enforceable rights in relation to it;“property” means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description;“public authority” means any board or authority established by or under any written law to perform or discharge any public function;“securities” includes shares, inscribed stock, debentures, bonds, debenture stock, notes or any other document creating evidencing or acknowledging indebtedness.