Albury-Wodonga Development Corporation (Abolition) Act 2014 (117 of 2014)

Schedule 1   Amendments

Part 3   Transitional provisions

Division 1   Introduction

8   Definitions

In this Part:

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.

commencement time means the commencement of Part 1 of this Schedule.

Commonwealth entity means an individual or body exercising powers or performing functions under a law of the Commonwealth.

Corporation means the Albury-Wodonga Development Corporation.

instrument includes:

(a) a contract, deed, undertaking, arrangement or agreement; and

(b) a notice, authority, order or instruction; and

(c) an instrument made under an Act or legislative instrument (within the meaning of the Legislative Instruments Act 2003).

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

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

Secretary means the Secretary of the Department.