Infrastructure Australia Amendment Act 2014 (77 of 2014)

Schedule 2   Transitional and savings provisions

Part 1   Introduction

1   Definitions

(1) In this Schedule:

asset means:

(a) any legal or equitable estate or interest in real or personal property, whether actual, contingent or prospective; and

(b) any right, power, privilege or immunity, whether actual, contingent or prospective.

assets official , in relation to an asset other than land, means the person or authority who:

(a) under a law of the Commonwealth, a State or a Territory; or

(b) under a trust instrument; or

(c) otherwise;

has responsibility for keeping a register in relation to assets of the kind concerned.

CEO means the Chief Executive Officer of Infrastructure Australia within the meaning of the Infrastructure Australia Act 2008 as amended by this Act.

Infrastructure Australia means Infrastructure Australia within the meaning of the Infrastructure Australia Act 2008 as amended by this Act.

Infrastructure Coordinator means the Infrastructure Coordinator within the meaning of the Infrastructure Australia Act 2008 as in force immediately before the transition time.

land means any legal or equitable estate or interest in real property, whether actual, contingent or prospective.

land registration official , in relation to land, means the Registrar of Titles or other proper officer of the State or Territory in which the land is situated.

liability means any liability, duty or obligation, whether actual, contingent or prospective.

old Infrastructure Australia means Infrastructure Australia within the meaning of the Infrastructure Australia Act 2008 as in force immediately before the transition time.

specified succession time , for an asset or liability covered by a declaration under item 2 or 3, means the time that the Commonwealth becomes the successor in law in relation to the asset or liability.

transition time means the time that Part 1 of Schedule 1 commences.