Victorian Current Acts Victorian Current ActsIn this Act—
Agreement means the Agreement a copy of which is set out in Schedule 1;
"Commonwealth Bank" means the Commonwealth Bank of Australia;
"completion date" means the date of which notice is given in accordance with section 3;
"employee", in relation to the State Bank, means a person appointed or employed by the State Bank;
"instrument" includes a document and an oral agreement;
"liabilities" means all liabilities, duties and obligations, whether actual, contingent or prospective;
"property" means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description;
"related corporation", in relation to the State Bank, has the same meaning as
in section 3 of the State Bank Act 1988 ;
s. 4
"rights" means all rights, powers, privileges and immunities, whether actual, contingent or prospective;
State Bank means the State Bank of Victoria;
"State Bank instrument" means an instrument (including a legislative instrument other than this Act) subsisting immediately before the succession day—
(a) to which the State Bank was a party; or
(b) that was given to or in favour of the State Bank; or
(c) that refers to the State Bank; or
(d) under which—
(i) money is, or may become, payable to or by the State Bank; or
(ii) other property is to be, or may become liable to be, transferred to or by the State Bank;
"subsidiary" means a corporation that is a subsidiary of Tricontinental Holdings Ltd within the meaning of section 7 of the Companies (Victoria) Code ;
"succession day" means the day on which Part 3 comes into operation;
"transferred employee" means a person who, under section 21, is regarded as having been appointed by the Commonwealth Bank;
"Tricontinental" means each and all of Tricontinental Holdings Limited and its subsidiaries, whether incorporated before or after the commencement of this section.