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QANTAS SALE ACT 1992 No. 196, 1992 - SECT 3
Interpretation
3.(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;
"CERC Act" means the Commonwealth Employees' Rehabilitation and Compensation
Act 1988 ;
"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 the commencement of
section 26 of this Act;
"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;
"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 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.
(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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