2014-11-20 Noosa Biosphere Management Arrangements - Trust Deed - Attachment 1

        Term                                      Definition
        Corporations Act                          means Corporations Act 2001 (Cth).
        Donor                                     means the donor of a gift to the Trust.
        Financial Year                            means:
                                                  (a)   the period from the date of this deed to the following
                                                        30 June;
                                                  (b)   each period of 12 months beginning on 1 July and
                                                        ending on 30 June in each year; and
                                                  (c)   the period from the last 1 July before the winding up
                                                        of the Trust until the date the Trust is wound up,
                                                  or any other period that the Trustee decides from time to
                                                  time.
        Noosa Biosphere Reserve                   means the Noosa Biosphere Reserve area as designated
                                                  under the UNESCO Man and the Biosphere Program as may
                                                  be varied from time to time.
        Publicly Responsible Person               means a person who has a degree of responsibility to the
                                                  community as a whole including a person who:
                                                  (a)      performs a public function;
                                                  (b)      belongs to a professional body which has a
                                                           professional code of ethics and rules of conduct;
                                                  (c)      has received formal recognition from the government
                                                           for their services to the community; or
                                                  (d)      falls within the description of the term of ‘responsible
                                                           person’ approved by the Commissioner of Taxation or
                                                           other relevant Commonwealth authority,
                                                  and who, unless the Commissioner of Taxation otherwise
                                                  agrees, is not an associate of the Trustee or an associate of a
                                                  director of the Trustee other than:
                                                  (e)      in a professional capacity; or
                                                  (f)      as a director.
        Settled Sum                               means $10.
        Trust                                     means the trust established under this deed.
        Trustee                                   means:
                                                  (a)      as at the date of this deed – Noosa Biosphere
                                                           Reserve Foundation Ltd; and
                                                  (b)      in all cases – the trustee or trustees for the time
                                                           being of the Trust, or any one or more of them,
                                                           whether original, additional or substituted.
        Trust Fund                                means:
                                                  (a)   the Settled Sum;
                                                  (b)   any other money or any Property the Settlor or
                                                        another person gifts, transfers, assigns or vests to the
                                                        Trustee to be held upon the Trust;
                                                  (c)   any other money or Property acquired by the Trustee
                                                        under this deed;
                                                  (d)   the investments into which any money or Property
                                                        may be converted under this deed;




30672865v4   |    Noosa Biosphere Reserve Trust                                                                       4