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Wool International Act 1993

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

means the time when Wool International is taken to be registered as a company under Part 5B.1 of the Corporations Law, in accordance with section 14 of the

Wool International Privatisation Act 1999

.

Wool International Act 1993
former Commission

means WoolStock Australia Limited, as it existed immediately before the repeal of the

Australian Wool Realisation Commission Act 1991

.

Wool International Act 1993
putative equity holder

means:

(a) an individual:

(i) who died, and whose estate was distributed, before 1 September 1997; and

(ii) who would have been a registered equity holder on that day if he or she had not died; or

Wool International Act 1993
register of equity holders

means the register referred to in section 22B.

Wool International Act 1993
registered equity holder

means a person whose particulars are entered in the register of equity holders.

Wool International Act 1993
registered holder

, in relation to a unit of equity in WoolStock Australia Limited, means the registered equity holder that is the holder of the unit.

Wool International Act 1993
repealed Act

means the

Australian Wool Realisation Commission Act 1991

.

Wool International Act 1993
shorn wool

means wool that:

(a) has been obtained by shearing; and

(b) has not been subject to any process other than scouring or carbonising.

Wool International Act 1993
stockpile wool

means wool owned by WoolStock Australia Limited.

Wool International Act 1993
surplus money

has the meaning given by section 22P.

Wool International Act 1993
TrusteeCo

means the company nominated under section 9 of the

Wool International Privatisation Act 1999

.

Wool International Act 1993
unclaimed units

means units of equity that are taken to be registered in the name of TrusteeCo by operation of subsection 10(3) of the

Wool International Privatisation Act 1999

.

Wool International Act 1993
WoolStock Australia Limited

means:

(a) in relation to a time before the conversion timeā€”the body corporate referred to in section 7 of this Act (as in force immediately before the conversion time); and

Wool International Act 1993

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