129A.— In this Part:

"annual BID contribution" has the meaning assigned to it by section 129L;

"annual BID multiplier" means the annual BID multiplier determined for a chargeable period under section 129M(2);

"BID approval date", in relation to a BID scheme, means the date on which the rating authority concerned passes the resolution approving implementation or renewal of the scheme;

"BID company" has the meaning assigned to it by section 129I;

"BID contribution levy" has the meaning assigned to it by section 129N;

"BID fund", in relation to a BID scheme, means the fund established or renewed for that scheme under section 129K;

"BID levypayer", in relation to rateable property subject to a BID contribution levy, means the person liable to pay the levy in respect of the property under section 129N(5);

"BID proponent" means a person specified as a proponent of a BID proposal under section 129C(2)(a);

"BID proposal" has the meaning assigned to it by section 129C;

"BID scheme" means a scheme approved by a rating authority under section 129B(1)(b);

"business improvement district" means a business improvement district established under section 129B;

"chargeable period", in relation to a BID scheme, means each successive 12 month period over which the scheme is to operate, beginning on the scheme commencement date;

"rateable property" means relevant property that is rateable under the Valuation Act 2001;

"ratepayer", in relation to rateable property, means a person required to pay rates on that property;

"ratepayer plebiscite" means a plebiscite described in section 129G;

"scheme commencement date", in relation to a BID scheme, means the date that the scheme comes into force under section 129B(6)(a);

"valuation" means valuation within the meaning of the Valuation Act 2001;

"valuation list" means a valuation list as defined in the Valuation Act 2001.]