Document ID: chunk:federal_register_of_legislation:C2014C00181:clause:1_43
Version: federal_register_of_legislation:C2014C00181
Segment Type: clause
Provision Reference: sch 1 cl 43
Character Range: 74680–75550

43  Definitions
In this Part:
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.
ESOS Act means the Education Services for Overseas Students Act 2000.
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.
old Fund means the ESOS Assurance Fund established under section 45 of the ESOS Act (as in force immediately before this item commences).

Division 2—Defaults