Document ID: chunk:federal_register_of_legislation:C2004A01080:clause:3_2
Version: federal_register_of_legislation:C2004A01080
Segment Type: clause
Provision Reference: sch 3 cl 2
Character Range: 14329–15337

2  Definitions
In this Schedule:
Corporation means the Federal Airports Corporation.
repeal day means the day on which this item commences.
residual assets means:
 (a) any legal or equitable estates or interests in real or personal property, including contingent or prospective ones; and
 (b) any rights, privileges and immunities including contingent or prospective ones;
of the Corporation immediately before the repeal day.
residual instruments means instruments that are in force immediately before the repeal day:
 (a) to which the Corporation is a party; or
 (b) that were given to, by or in favour of the Corporation; or
 (c) in which a reference is made to the Corporation; or
 (d) under which any money is or may become payable, or any other property is to be, or may become liable to be, transferred, conveyed or assigned, to or by the Corporation.
residual liabilities means liabilities and duties of the Corporation, including contingent and prospective ones, immediately before the repeal day.