Document ID: chunk:federal_register_of_legislation:C2024C00549:section:8aj:p2
Version: federal_register_of_legislation:C2024C00549
Segment Type: section
Provision Reference: s 8AJ (pt 2/2)
Character Range: 25609–27157

For the purposes of this section, a designated company is:
 (a) a wholly‑owned Commonwealth company; or
 (b) a body corporate specified in a written declaration made by the Minister for Finance under this paragraph.
 (6B) A category B hybrid‑security issuer company is a hybrid‑security issuer company (other than a wholly‑owned Commonwealth company) specified in a written declaration made by the Minister for Finance under this subsection.
 (6C) A declaration under paragraph (6A)(b) or subsection (6B) is not a legislative instrument.
 (6D) For the purposes of this section, if a share in Telstra is an investment of the Future Fund, the share is taken to be held by a person other than the Commonwealth.
 (7) In this section:
designated company has the meaning given by subsection (6A).
interest in a share has the same meaning as it has for the purposes of Part 2A.
scheme means:
 (a) any agreement, arrangement, understanding, promise or undertaking, whether express or implied; and
 (b) any scheme, plan, proposal, action, course of action or course of conduct, whether unilateral or otherwise.
securities includes:
 (a) shares; and
 (b) debentures (within the meaning of the Corporations Act 2001).
transfer, in relation to an interest in a share, includes the creation of the interest.
wholly‑owned Commonwealth company has the same meaning as in the Public Governance, Performance and Accountability Act 2013 (in working out whether a company is covered by this definition, ignore any sale‑scheme hybrid securities issued by the company).