S 356 repealed by No 154 of 2007, s 3 and Sch 1 item 155, effective 24 September 2007. S 356 formerly read:
SECTION 356 INTERPRETATION
356
In this Division:
existing management company
means the constitutional corporation that is the management company of the Part
31
entity on the starting day.
existing trustee
means the constitutional corporation that is the trustee of the Part
31
entity on the starting day.
management company
means a body corporate:
(a)
that is, within the meaning of the Corporations Law of a State or internal Territory, the management company in relation to interests in the Part
31
entity that are prescribed interests within the meaning of that Law; or
(b)
that would, if interests in the Part
31
entity were prescribed interests within the meaning of the Corporations Law of a State or internal Territory, be the management company in relation to those interests within the meaning of that Law.
Part 31 entity
has the meaning given by subsection
355(3)
.
starting day
means:
(a)
if paragraph
355(1)(a)
applies
-
the day on which this Part commences; or
(b)
if paragraph
355(1)(b)
applies
-
the day on which the conditions specified in subsection
355(2)
become satisfied.
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