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National Reconstruction Fund Corporation Act 2023

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

means the National Reconstruction Fund Corporation Special established by section 51.

National Reconstruction Fund Corporation Act 2023
acquire

includes:

(a) acquire by way of issue; and

(b) acquire by way of formation.

Note: Formation of a partnership involves acquiring an interest in the partnership.

National Reconstruction Fund Corporation Act 2023
asset

means:

(a) any kind of real or personal property; or

(b) any legal or equitable estate or interest in real or personal property; or

(c) any legal or equitable right.

National Reconstruction Fund Corporation Act 2023
Australia

, when used in a geographical sense, includes the external Territories.

National Reconstruction Fund Corporation Act 2023
Australia’s greenhouse gas emissions reduction targets

means:

(a) if:

(i) Australia’s current nationally determined contribution was communicated in accordance with Article 4 of the Paris Agreement in June 2022; and

National Reconstruction Fund Corporation Act 2023
Board

means the of the Corporation.

National Reconstruction Fund Corporation Act 2023
Board member

means a member of the Board (and includes the Chair).

National Reconstruction Fund Corporation Act 2023
CEO

means the Chief Executive Officer of the Corporation.

National Reconstruction Fund Corporation Act 2023
Chair

means the of the Board.

National Reconstruction Fund Corporation Act 2023
Commonwealth entity

has the same meaning as in the

Public Governance, Performance and Accountability Act 2013

.

National Reconstruction Fund Corporation Act 2023
Commonwealth place

means a within the meaning of the

Commonwealth Places (Application of Laws) Act 1970

.

National Reconstruction Fund Corporation Act 2023
company

means a body corporate.

National Reconstruction Fund Corporation Act 2023
constitutional corporation

means a corporation to which paragraph 51(xx) of the Constitution applies. To avoid doubt, the definition of

Corporation

does not apply to this definition.

National Reconstruction Fund Corporation Act 2023
constitutional trade or commerce

means trade or commerce:

(a) between Australia and a place outside Australia; or

(b) among the States; or

(c) between a State and a Territory; or

(d) between 2 Territories; or

National Reconstruction Fund Corporation Act 2023
constitutionally‐supported activities

means activities covered by one or more of the following paragraphs:

(a) activities carried out with respect to constitutional trade or commerce;

(b) activities carried out with respect to the defence of Australia;

National Reconstruction Fund Corporation Act 2023
Corporation

means the National Reconstruction Fund established by section 11.

National Reconstruction Fund Corporation Act 2023
Corporation body

means:

(a) the Corporation; or

(b) a designated subsidiary of the Corporation.

National Reconstruction Fund Corporation Act 2023
Corporation official

means:

(a) a Board member; or

(b) the CEO; or

(c) a member of the staff of the Corporation referred to in section 46; or

National Reconstruction Fund Corporation Act 2023
Corporation’s investment functions

: see section 63.

National Reconstruction Fund Corporation Act 2023
Corporation’s investment powers

means:

(a) a power conferred on the Corporation by section 64, 65, 66 or 67; or

(b) a right or power conferred on the Corporation in its capacity as the holder of an investment of the Corporation.

National Reconstruction Fund Corporation Act 2023

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