In this regulation, unless the context indicates otherwise, a word or expression to which a meaning has been assigned in the Act, has the same meaning, and -

"designated accounting officer"

means the accounting officer of a designated department;

"designated department"

in relation to a public entity, means a department designated by its executive authority as the department responsible for the public entity;

"employee"

means a person in the employ of a public entity;

"remuneration"

means any consideration or benefit derived directly or indirectly by the following persons for services provided in their capacity as:

"senior management"

refers to the level of management that is directly accountable to the chief executive officer or to the person in charge of the public entity.