In this Act, unless the context otherwise indicates, any expression to which a meaning has been assigned in the Water Act, 1956 (Act No. 54 of 1956), shall, when used in this Act, have the same meaning, and—

"commission"

means the Water Research Commission established by section 2;

"financial year"

means the period from 1 April 1974 to 31 December 1974 and thereafter the period from 1 January in any year to 31 December in the same year, in each case both days inclusive;

[Definition substituted by section 1 of Act No. 16 of 1974]

"fund"

means the Water Research Fund established by section 12;

"university"

means a university established by Act of Parliament.