Document ID: chunk:federal_register_of_legislation:C2023C00183:section:27
Version: federal_register_of_legislation:C2023C00183
Segment Type: section
Provision Reference: s 27
Character Range: 31687–33960

27  Definitions
 (1) In this Division:
acquisition of property has the same meaning as in paragraph 51(xxxi) of the Constitution.
amend includes repeal and remake.
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.
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.
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.
new Ombudsman means the Statutory Agency of the Private Health Insurance Ombudsman established by the new Act.
old Ombudsman means the corporation known as the Private Health Insurance Ombudsman established by the National Health Act 1953.
Ombudsman conversion time means 1 July 2007 or, if a later day is specified in Private Health Insurance (Transitional) Rules for the purposes of this definition, that later day.
Private Health Insurance Ombudsman means the statutory office holder appointed, or taken to be appointed, under the new Act.
 (2) Subject to subsection (1), an expression used in this Division that is also used in the new Act has the same meaning in this Division as it has in the new Act.

Subdivision AA—Conversion of Ombudsman from CAC to FMA body