South Australian Numbered Acts South Australian Numbered Acts8—Amendment of s. 3 —Interpretation
Section 3 of the principal Act is amended—
(a) by
striking out from the definition of "debenture" in subsection (1) "
Corporations Law " and substituting " Corporations Act 2001 of the
Commonwealth";
(b) by
inserting after the definition of "liability" in subsection (1) the following
definition:
"managed investment scheme" has the same meaning as in the
Corporations Act 2001 of the Commonwealth;;
(c) by
striking out from subsection (1) the definition of "prescribed interest ;
(d) by
striking out from the definition of "relevant interest" in subsection (1) "
Corporations Law " and substituting " Corporations Act 2001 of the
Commonwealth";
(e) by
inserting after the definition of "remuneration" in subsection (1) the
following definition:
"senior executive" in relation to a public corporation or a subsidiary of a
public corporation, means an employee of the corporation or subsidiary holding
or acting in—
(a) the
position of chief executive of the corporation or subsidiary; or
(b) an
executive position declared to be a senior executive's position by the
corporation's Minister by notice in the Gazette (which notice may be varied or
revoked by subsequent notice in the Gazette);
(f) by
striking out from the definition of "subsidiary" in subsection (1) "
Corporations Law " and substituting " Corporations Act 2001 of the
Commonwealth".