Dairy Industry Service Reform Act 2003
| Term(s) | Definition | Defined in Legislation | See Section(s) |
|---|---|---|---|
| ADC | means the Australian Dairy Corporation as in existence before the conversion time. |
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| ASIC | means the Australian Securities and Investments Commission. |
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| 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. |
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| combined service period | , in relation to a transferring employee, means the total of: (a) the period that is, immediately before the conversion time, the employee’s period of service for the purposes of the Long Service Leave Act; and |
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| commencing time | means the beginning of the day on which this Act receives the Royal Assent. |
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| conversion time | means the time when Schedule 1 commences. |
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| Dairy Australia Limited | means ADC, after it is registered under the Corporations Act 2001 as mentioned in section 11 of this Act. |
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| DRDC | means the Dairy Research and Development Corporation as in existence before the conversion time. |
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| employee | , in relation to DRDC, means a person who is an officer or of DRDC immediately before the conversion time. |
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| export | means from Australia. |
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| liability | means any , duty or obligation, whether actual, contingent or prospective. |
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| Long Service Leave Act | means the Long Service Leave (Commonwealth Employees) Act 1976 , as in force immediately before the conversion time. |
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| market | means a place. |
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| Maternity Leave Act | means the Maternity Leave (Commonwealth Employees) Act 1973 , as in force immediately before the conversion time. |
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| proposed director | means a person specified as a director under paragraph 601BC(2)(f) of the Corporations Act 2001 in relation to the application to ASIC to register ADC as a company limited by guarantee. |
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| regulated dairy market | , in relation to regulated dairy produce, means a market that is declared to be a in relation to the produce under section 52. |
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| regulated dairy produce | means dairy produce that is declared to be under section 52. |
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| SRC Act | means the Safety, Rehabilitation and Compensation Act 1988 , as in force immediately before the conversion time. |
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| transferring ADC employee | means a person who is an officer or employee of ADC immediately before the conversion time. |
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| transferring DRDC employee | means a person who is taken to have been engaged as an employee of Dairy Australia Limited under section 20. |
Dairy Industry Service Reform Act 2003 |