Commonwealth Consolidated Acts

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CSL SALE ACT 1993 - SECT 3

Interpretation

  (1)   In this Act, unless the contrary intention appears:

"CSL" means the body corporate known before the sale day as CSL Limited by whatever name called, and in whatever form that body corporate takes, from time to time.

"CSL body" means CSL or a CSL subsidiary.

"CSL subsidiary" means a body corporate that is a subsidiary of CSL.

"Corporations Law" means the Corporations Law of a State or an internal Territory.

"DFRDB Act" means the Defence Force Retirement and Death Benefits Act 1973 .

"employee" includes apprentice.

"Finance Minister" means the Minister administering the Public Governance, Performance and Accountability Act 2013 .

"Long Service Leave Act" means the Long Service Leave (Commonwealth Employees) Act 1976 as in force immediately before the sale day.

"Maternity Leave Act" means the Maternity Leave (Commonwealth Employees) Act 1973 .

"sale day" is the day declared under section   4.

"share" , in relation to a body corporate, means a share in the body's share capital.

"SRC Act" means the Safety, Rehabilitation and Compensation Act 1988 .

"Supervisory Mechanisms Act" means the Superannuation Benefits (Supervisory Mechanisms) Act 1990 .

"voting share" has the same meaning as in the Corporations Law.

  (2)   For the purposes of this Act, the question whether a body corporate is a subsidiary of another body corporate is to be determined in the same manner as that question is determined under the Corporations Law.



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