Document ID: chunk:federal_register_of_legislation:C2007A00108:clause:6_1
Version: federal_register_of_legislation:C2007A00108
Segment Type: clause
Provision Reference: sch 6 cl 1
Character Range: 35566–37295

1  Definitions
In this Schedule:
ADI (short for authorised deposit‑taking institution) means:
 (a) a body corporate that is an ADI for the purposes of the Banking Act 1959; or
 (b) the Reserve Bank of Australia; or
 (c) a person who carries on State banking within the meaning of paragraph 51(xiii) of the Constitution.
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;
but does not include a right, power, privilege or immunity conferred by an Act or by regulations or other subordinate legislation made under an Act.
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.
Authority means the Wheat Export Authority.
Commission means the Export Wheat Commission.
financial liability means a liability to pay a person an amount, where the amount, or the method for working out the amount, has been determined.
land means any legal or equitable estate or interest in real property, whether actual, contingent or prospective.
liability means any liability, duty or obligation, whether actual, contingent or prospective, but does not include a liability, duty or obligation imposed by an Act or by regulations or other subordinate legislation made under an Act.
modifications includes additions, omissions and substitutions.
transition time means the commencement of this Schedule.

Part 2—Assets, liabilities and legal proceedings