Commonwealth Numbered Regulations

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COMPETITION POLICY REFORM (TRANSITIONAL PROVISIONS) REGULATIONS 1995 No. 331 - REG 3

Interpretation
3. (1) In these Regulations, unless the contrary intention appears:

"ABA" means the Australian Broadcasting Authority established under the Broadcasting Services Act 1992 ;

"ACCC" means the Australian Competition and Consumer Commission established by section 6A of the Trade Practices Act;

"Act" means the Competition Policy Reform Act 1995 ;

"assets" means property of every kind, and without limiting the generality of the foregoing, includes:

(a)
choses in action; and
(b)
rights, interests and claims of every kind in or to property (including, in particular, intellectual property), whether arising under or by virtue of an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing;

"commencement date" means the date of commencement of these Regulations;

"liabilities" means liabilities of every kind, and, without limiting the generality of the foregoing, includes obligations of every kind, whether arising under or by virtue of an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing;

"member":

(a)
in relation to PSA, has the meaning given to it by subsection 3 (1) of the Prices Surveillance Act as in force immediately before the commencement date; and

(b)
in relation to TPC, has the meaning given to it by subsection 4 (1) of the Trade Practices Act as in force immediately before the commencement date;

"Prices Surveillance Act" means the Prices Surveillance Act 1983 ;

"PSA" means the Prices Surveillance Authority established by the Prices Surveillance Act as in force immediately before the commencement date;

"Trade Practices Act" means the Trade Practices Act 1974 ;

"TPC" means the Trade Practices Commission established by section 6A of the Trade Practices Act as in force immediately before the commencement date.

(2) An expression that is used in a provision of these Regulations and in an Act, or a provision of an Act, referred to in the first-mentioned provision, being:

(a)
the Trade Practices Act; or

(b)
a provision of that Act; or

(c)
the Prices Surveillance Act; or

(d)
a provision of that Act;

has, unless the contrary intention appears, the same meaning in the first-mentioned provision as it has in the Act or provision referred to in the first-mentioned provision.



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