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Australian Airlines (Conversion to Public Company) Act 1988

Submitted by Richard_Li on
Distinguished Terms in this instrument
Term(s) Definition Defined in Legislation See Section(s)
Airlines Act

means the

Australian National 1945

.

Australian Airlines (Conversion to Public Company) Act 1988
amount

includes a nil .

Australian Airlines (Conversion to Public Company) Act 1988
articles

means of association.

Australian Airlines (Conversion to Public Company) Act 1988
Australian Capital Territory

includes the Jervis Bay Territory.

Australian Airlines (Conversion to Public Company) Act 1988
authorised person

means:

(a) the Minister; or

(b) a person who is declared, by writing signed by the Minister, to be an authorised person for the purposes of section 36.

Australian Airlines (Conversion to Public Company) Act 1988
continuing provision

means:

(a) section 19A of the Airlines Act; or

(b) a repealed provision of, or of regulations under, the Airlines Act, as that provision continues, by virtue of this or any other Act, to have effect.

Australian Airlines (Conversion to Public Company) Act 1988
employment

, in relation to a staff member, means by, or service with, the transferring body.

Australian Airlines (Conversion to Public Company) Act 1988
exempt matter

means:

(a) an issue of shares under subsection 11(3) or 12(1), other than an issue to the holding company made after the transition;

(b) a transfer of property, during the reorganisation, by the transferring body to a group company;

Australian Airlines (Conversion to Public Company) Act 1988
group company

means:

(a) the transferring body; or

(b) a wholly‐owned subsidiary of the transferring body.

Australian Airlines (Conversion to Public Company) Act 1988
holding company

means the body corporate (if any) nominated under section 6.

Australian Airlines (Conversion to Public Company) Act 1988
liability

includes a debt or obligation.

Australian Airlines (Conversion to Public Company) Act 1988
memorandum

means of association.

Australian Airlines (Conversion to Public Company) Act 1988
new group company

has the meaning given by section 7.

Australian Airlines (Conversion to Public Company) Act 1988
property

means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal of any description and, without limiting the generality of the foregoing, includes any asset within the meaning of Part IIIA of the Tax Act.

Australian Airlines (Conversion to Public Company) Act 1988
reorganisation

means the period beginning on the day after this Act receives the Royal Assent and ending immediately before the transition.

Australian Airlines (Conversion to Public Company) Act 1988
share

, in relation to a body corporate, means a in the capital of the body corporate.

Australian Airlines (Conversion to Public Company) Act 1988
staff member

means a person who, immediately before the transition, was:

(a) the general manager of the transferring body;

(b) an officer of the transferring body appointed under subsection 17(1) of the Airlines Act; or

Australian Airlines (Conversion to Public Company) Act 1988
subsidiary

has the meaning given by section 9.

Australian Airlines (Conversion to Public Company) Act 1988
tax

includes:

(a) sales tax;

(b) tax imposed by the

Debits Tax Act 1982

;

(c) stamp duty; and

(d) any other tax, duty, levy or charge;

Australian Airlines (Conversion to Public Company) Act 1988
Tax Act

means the

Income Tax Assessment Act 1936

.

Australian Airlines (Conversion to Public Company) Act 1988

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