In this Act, unless the context otherwise requires—
"Advisory Committee" means the Advisory Committee appointed under section 8;
"financial year" means the period of twelve months ending on the 30th June in each year;
"Fund" means the Local Authorities Transfer Fund established under section 3;
"local authority" has the meaning assigned to it in section 2 of the Local Government Act (Repealed);
"Cabinet Secretary" means the Cabinet Secretary for the time being responsible for matters relating to Finance;
"officer administering the Fund" means the accounting officer of the Ministry for the time being responsible for matters relating to local authorities or an officer deputed in writing for that purpose pursuant to the provisions of section 3.