"Administration": Includes all stages and processes involved in the production and dissemination of a Benchmark, including:a) Collecting, analysing and/or processing information or expressions of opinion for the purposes of the determination of a Benchmark;b) Determining a Benchmark through the application of a formula or another method of calculating the information or expressions of opinions provided for that purpose; andc) Dissemination to users, including any review, adjustment and modification to this process.
"Administrator": An organisation or legal person that controls the creation and operation of the Benchmark Administration process, whether or not it owns the intellectual property relating to the Benchmark. In particular, it has responsibility for all stages of the Benchmark Administration process, including:a) The calculation of the Benchmark;b) Determining and applying the Benchmark Methodology; and c) Disseminating the Benchmark.
"Arm's-length Transaction": A transactio
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