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Medibank Private Sale Act 2006

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

includes an agreement to acquire, but does not include: (a) an acquisition by will or by devolution by operation of law; or (b) an acquisition by way of enforcement of a loan security.

Medibank Private Sale Act 2006
agreement

means any agreement, whether formal or informal and whether express or implied.

Medibank Private Sale Act 2006
arrangement

has the meaning given by item 34.

Medibank Private Sale Act 2006
associate

has the meaning given by item 35.

Medibank Private Sale Act 2006
child

: Subdivision D of Division 1 of Part VII affects the situations in which a is a of a person or is a of a marriage or other relationship.

Family Law Act 1975 Family Law Act 1975 - 4 Interpretation
Family Law Act 1975 - 4 Interpretation
company

means a body corporate.

Medibank Private Sale Act 2006
constituent document

, in relation to a company, means: (a) the constitution of the company; or (b) any rules or other documents constituting the company or governing its activities.

Medibank Private Sale Act 2006
direct control interest

has the meaning given by item 42.

Medibank Private Sale Act 2006
director

includes any person occupying the position of director of a company, by whatever name called.

Medibank Private Sale Act 2006
discretionary trust

means a trust where: (a) a person (who may include the trustee) is empowered (either unconditionally or on the fulfilment of a condition) to exercise any power of appointment or other discretion; and (b) the exercise of the power or discretion, or the failure to exercise the power or discretion,

Medibank Private Sale Act 2006
first level percentage

means the percentage of the direct control interest held by the person in the first level company.

Medibank Private Sale Act 2006
increase

, in relation to a stake in a company, includes an increase from a starting point of nil.

Medibank Private Sale Act 2006
interest

in a share has the meaning given by item 38.

Medibank Private Sale Act 2006
lending money

includes providing non‐equity finance where the provision of the finance may reasonably be regarded as equivalent to lending money.

Medibank Private Sale Act 2006
loan security

means a security held solely for the purposes of a moneylending agreement.

Medibank Private Sale Act 2006
moneylending agreement

means an agreement entered into in good faith in the ordinary course of carrying on a business of lending money, but does not include an agreement dealing with any matter unrelated to the carrying on of that business.

Medibank Private Sale Act 2006
officer

, in relation to a company, includes: (a) a director, secretary or employee of the company; or (b) a receiver and manager of any part of the undertaking of the company appointed under a power contained in any instrument; or (c) a liquidator of the company appointed in a voluntary winding‐up.

Medibank Private Sale Act 2006
parent

: without limiting who is a parent of a person for the purposes of this Part, someone is the parent of a person if the person is his or her child because of the definition of child in this subclause.

Medibank Private Sale Act 2006
power to appoint a director of a company

has a meaning affected by item 36.

Medibank Private Sale Act 2006
scheme

means: (a) any agreement, arrangement, understanding, promise or undertaking, whether express or implied and whether or not enforceable, or intended to be enforceable, by legal proceedings; and (b) any scheme, plan, proposal, action, course of action or course of conduct, whether unilateral or ot

Medibank Private Sale Act 2006

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.