Document ID: chunk:federal_register_of_legislation:C2006A00095:clause:1_2
Version: federal_register_of_legislation:C2006A00095
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 3624–5261

2  Definitions
In this Part:
acquisition of property has the same meaning as in paragraph 51(xxxi) of the Constitution.
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 law of the Commonwealth, a State or a Territory, under a trust instrument or otherwise, has responsibility for keeping a register in relation to assets of the kind concerned.
commencement time means the time when this Part commences.
Foundation means the Australia‑Japan Foundation established by the Australia‑Japan Foundation Act 1976.
instrument:
 (a) includes:
 (i) a contract, deed, undertaking or agreement; and
 (ii) a notice, authority, order or instruction; and
 (iii) an instrument made under an Act or regulations; and
 (iv) regulations; but
 (b) does not include an Act.
just terms has the same meaning as in paragraph 51(xxxi) of the Constitution.
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.

Division 2—Assets, liabilities and legal proceedings