S.L. 123.82 Art. 14Definitions under this Part.

In this Part, unless the context otherwise requires -

"allowable wages and tuition expenditure" has the meaning assigned to it in rule 19;

"company" has the meaning assigned to it in the Act; "general qualification" means a masters degree or a doctoral degree that is largely transferable to other firms or fields of work in information technology, sciences or engineering awarded on the successful completion of a full-time course in a university or equivalent educational institution recognised by the Corporation;

"maximum qualifying wages and tuition expenditure" means the amount determined in accordance with rule 17(1);

"qualifying wages and tuition expenditure" means expenditure that is treated as such in terms of rule 16(2):

Provided that expenditure that forms part of allowable R&D expenditure under Part I shall not be treated as qualifying wages and tuition expenditure under this Part; "R&D relevant qualification" means a general or a specific qualification which, in the opinion of the Corporation, is relevant to research and development; "specific qualification" means an internationally recognised certificate in information technology, sciences or engineering awarded by a university or other institution recognised by the Corporation to an employee of a company on the successful completion of a full-time course which, in the opinion of the Corporation, directly contributes to high level specialisation in areas directly and principally applicable to that employee’s present and future position in the company as the Corporation may approve.