Document ID: chunk:federal_register_of_legislation:C2023C00415:section:3
Version: federal_register_of_legislation:C2023C00415
Segment Type: section
Provision Reference: s 3
Character Range: 4761–7323

3  Interpretation
 (1) In this Act, unless the contrary intention appears:
certified copy of an entry in a Stock Ledger, of an extract of an entry in a Stock Ledger or of a document means a copy of the entry, extract or document that is certified by a prescribed person to be a true copy.
clearing and settlement facility means a facility that is a clearing and settlement facility for the purposes of the Corporations Act 2001.
depository interest means a beneficial interest in stock issued by a depository nominee (as a depository nominee).
depository interest registry operator means a person who has been engaged by a depository nominee to make payments:
 (a) on behalf of the depository nominee; and
 (b) to holders of depository interests issued by the depository nominee; and
 (c) on account of those interests.
depository nominee means a person who, with the agreement of the Commonwealth, issues to someone else one or more beneficial interests in stock the person:
 (a) owns legally; or
 (b) would own beneficially, apart from the issue of those interests; or
 (c) has a beneficial interest in.
Registrar means a Registrar of Stock or a Deputy Registrar of Stock.
Registry means a Registry for the inscription of stock.
stock means:
 (a) stock, Treasury Bonds, Treasury Notes or other prescribed securities created under subsection 4(1); and
 (b) stock (however described) created under subsection 4(1) as in force at any time before the commencement of Schedule 1 to the Commonwealth Inscribed Stock Amendment Act 2002; and
 (c) Treasury Bonds, debentures or other prescribed securities made out under subsection 51A(1) at any time before the commencement of subsection 51A(3).
Treasury Bond includes a Treasury Fixed Coupon Bond, a Treasury Indexed Bond and an Australian Consolidated Treasury Bond and any coupon issued in connection with a Treasury Bond.
 (2) For the purposes of the application of this Act at a time before the commencement of Schedule 1 to the Financial Services Reform Act 2001:
 (a) a reference in this Act to the operator of a clearing and settlement facility is taken to be a reference to:
 (i) a clearing house as defined by section 9 of the Corporations Act 2001; or
 (ii) the body corporate in relation to which an approval as a clearing house is in force under section 779B of that Act; and
 (b) a reference in this Act to the operating rules of a clearing and settlement facility is taken to be a reference to the business rules of a clearing house referred to in paragraph (a).

Part II—Creation and issue of stock