Victorian Current Acts

TREASURY CORPORATION OF VICTORIA ACT 1992 - SECT 3

In this Act—

"arrangement" has the same meaning as in the Borrowing and Investment Powers Act 1987 ;

"Board" means the Board of Directors of the Corporation;

"Corporation" means the Treasury Corporation of Victoria established under this Act;

director means director of the Board;

financial accommodation has the same meaning as in the Borrowing and Investment Powers Act 1987 ;

"financial arrangement" has the same meaning as in the Borrowing and Investment Powers Act 1987 ;

"guarantee" includes indemnity;

"invest" includes enter into a transaction or arrangement for the protection or enhancement of investments;

"lease" has the same meaning as in the Borrowing and Investment Powers Act 1987 ;

"participating authority" means a public authority that is accepted by the Corporation as a participating authority under section 27 but does not include an authority that ceases to be a participating authority under that section;

"prescribed agency" means—

        (a)     a body all the voting shares in which are owned by or on behalf of the State, whether directly or indirectly; or

        (b)     a trustee of a trust of which the State is the sole beneficiary—

prescribed by the regulations as a body or trustee to which this Act applies;

S. 3 def. of public authority amended by Nos 35/1994 s. 4, 46/1998
s. 7(Sch. 1).

"public authority" means—

        (a)     an agency or instrumentality of the State established by or under an Act;

        (b)     an agency or instrumentality of the State constituted by a Minister or by one or more employees in the public service;

        (c)     a body established by an Act a member of which, or a member of the governing body of which, is appointed by the Governor in Council or by a Minister;

        (d)     a body established by an Act that is financed wholly or in part from public money;

        (e)     a prescribed agency;

        (f)     Victorian Housing Bonds Limited A.C.N. 006 955 577;

        (g)     Home Opportunity Loans Scheme Trust;

        (h)     the trustee for the time being of the Home Opportunity Loans Scheme Trust;

"security" includes stock, inscribed stock, debenture, bond, debenture stock, notes, certificate of deposit or a document creating, evidencing or acknowledging indebtedness in respect of financial accommodation whether constituting a charge on property or not;

"VicFin" means the Victorian Public Authorities Finance Agency established by the Victorian Public Authorities Finance Act 1984 ;

"Victorian Debt Retirement Fund" means the fund established by the Victorian Debt Retirement Fund Act 1990 ;

S. 3 def. of Victorian Development Fund repealed by No. 18/1994 s. 66(Sch. 2 item 26.1).

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