Commonwealth Consolidated Acts

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QANTAS SALE ACT 1992 - SECT 3

Interpretation

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

"Australian Airlines" means Australian Airlines Limited, as the company exists from time to time (even if its name is later changed).

"Australian Airlines subsidiary" means a body corporate that is a subsidiary of Australian Airlines.

"borrowing" , in relation to Qantas or a Qantas subsidiary, includes raising money or obtaining credit, whether by dealing in securities or otherwise.

"employee" includes an apprentice.

"leasing contract" , in relation to Qantas or a Qantas subsidiary, means:

  (a)   a contract relating to the leasing of equipment (including aircraft); or

  (b)   a hire purchase contract.

"Long Service Leave Act" means the Long Service Leave (Commonwealth Employees) Act 1976 as in force immediately before 30   July 1995 .

"mandatory article" means a provision included in Qantas' articles of association in accordance with subsection   7(1).

"Qantas" means Qantas Airways Limited, as the company exists from time to time (even if its name is later changed).

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

"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 .

"substantial minority sale day" means the day declared under subsection   4(1).

"the 50% sale day" means the day declared under subsection   5(1).

"the 100% sale day" means the day declared under subsection   6(1).

"voting share" has the same meaning as in the Corporations Act 2001 .

  (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 Act 2001 .

  (3)   For the purposes of this Act, a reference to voting shares in Qantas being acquired by a person includes a reference to voting shares in Qantas being issued or allotted to a person.

 



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