Document ID: chunk:federal_register_of_legislation:C2012C00787:section:64
Version: federal_register_of_legislation:C2012C00787
Segment Type: section
Provision Reference: s 64
Character Range: 44742–46000

64  Definitions

  In this Part, unless the contrary intention appears:

asset means:
 (a) any legal or equitable estate or interest in real or personal property, including a contingent or prospective one; and
 (b) any right, privilege or immunity, including a contingent or prospective one.

contract includes:
 (a) a deed; and
 (b) a deed poll.

instrument includes a document.

liability means a liability or duty, including a contingent or prospective one.

specified transferee means:
 (a) in relation to an asset to which a declaration under subsection 65(1) relates—the Commonwealth, a CFM subsidiary or a transferred body, whichever is specified in the declaration as the body in which the asset vests; or
 (b) in relation to a right or obligation to which a declaration under subsection 68(1) relates—the Commonwealth, a CFM subsidiary or a transferred body, whichever is specified in the declaration as the body to which the right or obligation is to be transferred; or
 (c) in relation to a liability to which a declaration under subsection 71(1) relates—the Commonwealth, a CFM subsidiary or a transferred body, whichever is specified in the declaration as the body to which the liability is to be transferred.

Division 2—Transfer of assets