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Snowy Hydro Corporatisation Act 1997

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

means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description, and includes:

(a) money, securities, choses in action and documents; and

Snowy Hydro Corporatisation Act 1997
authorised person

, in a provision of Part 5, means a person appointed under section 57 for the purposes of that provision.

Snowy Hydro Corporatisation Act 1997
combined service period

, in relation to an employee, means the total of:

(a) the period that was, immediately before the corporatisation date, the employee’s period of service for the purposes of the Long Service Leave Act; and

Snowy Hydro Corporatisation Act 1997
Commonwealth record

has the same meaning as in the

Archives Act 1983

.

Snowy Hydro Corporatisation Act 1997
corporatisation date

means the date on which the

Snowy

Mountains

Hydro‐electric Power Act 1949

is repealed by this Act.

Snowy Hydro Corporatisation Act 1997
corresponding law

means the New South Wales Corporatisation Act or the Victorian Corporatisation Act.

Snowy Hydro Corporatisation Act 1997
DFRDB Act

means the

Defence Force Retirement and Death Benefits Act 1973

.

Snowy Hydro Corporatisation Act 1997
employee

includes a person employed in a full‐time or a part‐time capacity.

Snowy Hydro Corporatisation Act 1997
exempt matter

means:

(a) the issue or transfer of shares in the Snowy Hydro Company to the Commonwealth, New South Wales or Victoria or a person acting on behalf of the Commonwealth, New South Wales or Victoria; or

Snowy Hydro Corporatisation Act 1997
existing Snowy electricity transmission undertaking

means the assets and liabilities of the Snowy Mountains Hydro‐electric Authority, the Snowy Mountains Council, the Commonwealth, New South Wales, Victoria, or authorities of the Commonwealth, New South Wales or Victoria, that are transferred to TransGrid by orders under this Act, the New South Wa

Snowy Hydro Corporatisation Act 1997
existing Snowy hydro undertaking

means:

(a) the assets and liabilities of the Snowy Mountains Hydro‐electric Authority and the Snowy Mountains Council that are transferred to the Snowy Hydro Company by this Act, the New South Wales Corporatisation Act or the Victorian Corporatisation Act; and

Snowy Hydro Corporatisation Act 1997
Finance Minister

means the Minister administering the

Financial Management and Accountability Act 1997

.

Snowy Hydro Corporatisation Act 1997
future long service leave rights

, in relation to an employee, means any long service leave rights an employee acquires under an award, determination, industrial agreement or law (other than this Act) on or after the corporatisation date in relation to service after that date.

Snowy Hydro Corporatisation Act 1997
law

means:

(a) a law of the Commonwealth, of a State or of a Territory; or

(b) regulations or any other instrument (other than an award, determination or industrial agreement) made under such a law.

Snowy Hydro Corporatisation Act 1997
liabilities

means all , debts and obligations (whether present or future and whether vested or contingent).

Snowy Hydro Corporatisation Act 1997
Long Service Leave Act

means the

Long Service Leave (Commonwealth Employees) Act 1976

as in force immediately before the corporatisation date.

Snowy Hydro Corporatisation Act 1997
Maternity Leave Act

means the

Maternity Leave (Commonwealth Employees) Act 1973

as in force immediately before the corporatisation date.

Snowy Hydro Corporatisation Act 1997
New South Wales Corporatisation Act

means the

Snowy Hydro Corporatisation Act 1997

of New South Wales.

Snowy Hydro Corporatisation Act 1997
share

, in relation to a company, means a in the capital of the company.

Snowy Hydro Corporatisation Act 1997
Snowy Hydro Company

or

Company

means the company incorporated, or to be incorporated, by the name Snowy Hydro Limited.

Snowy Hydro Corporatisation Act 1997

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