Document ID: chunk:federal_register_of_legislation:C2016C00633:section:3:p2
Version: federal_register_of_legislation:C2016C00633
Segment Type: section
Provision Reference: s 3 (pt 2/2)
Character Range: 6443–7146

companies.
newly established local ADI means a local ADI that:
 (a) was granted its ADI authority before this Act commenced but after 18 June 1993; or
 (b) is or was granted its ADI authority after this Act commenced pursuant to an application made before this Act commenced, or made after this Act commenced but before 1 July 2003.
receiving corporation has the meaning given by section 5.
subsidiary has the same meaning as in the Corporations Act 2001.
transfer, in relation to an asset or liability, means an act as a result of which the asset or liability:
 (a) ceases to be vested in a person; and
 (b) becomes vested in another person.
transferring corporation has the meaning given by section 5.