Document ID: chunk:federal_register_of_legislation:C2012A00170:clause:2_23
Version: federal_register_of_legislation:C2012A00170
Segment Type: clause
Provision Reference: sch 2 cl 23
Character Range: 27823–29250

23  Definitions
In this Part:
Appropriation Act means an Act appropriating money for expenditure out of the Consolidated Revenue Fund.
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.
assets official, in relation to an asset other than land, means the person or authority who, under:
 (a) a law of the Commonwealth, a State or a Territory; or
 (b) a trust instrument; or
 (c) otherwise;
has responsibility for keeping a register in relation to assets of the kind concerned.
commencement time means the commencement of this Part.
departmental item means a departmental item in the most recent Appropriation Act.
Finance Minister means the Minister who administers the Financial Management and Accountability Act 1997.
land means any legal or equitable estate or interest in real property, whether actual, contingent or prospective.
land registration official, in relation to land, means the Registrar of Titles or other proper officer of the State or Territory in which the land is situated.
liability means any liability, duty or obligation, whether actual, contingent or prospective.
Secretary means the Secretary of the Department.
WEA has the same meaning as in the Wheat Export Marketing Act 2008.

Division 2—Transfer of assets and liabilities