Victorian Current Acts Victorian Current Acts(1) In this Part—
"allocation statement" means an allocation statement under section 287F;
former transferor instrument means an instrument (including a legislative instrument other than this Act) or an oral agreement subsisting immediately before the relevant date—
(a) to which the transferor was a party; or
(b) that was given to, or in favour of, the transferor; or
(c) that refers to the transferor; or
(d) under which—
(i) money is, or may become, payable to the transferor; or
(ii) other property is to be, or may become liable to be, transferred to or by the transferor;
S. 287E(1) def. of
former transferor property amended by No. 17/2012 s. 47.
"former transferor property" means property, rights or liabilities of the transferor that, under this Part, have vested in, or become liabilities of, a transferee;
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;
"relevant date", in relation to an allocation statement or property, rights or liabilities allocated under such a statement, means the date fixed by the Minister under subsection (2) for the purposes of that statement;
rights means all rights, powers, privileges and immunities, whether actual, contingent or prospective;
"transferee" means a person to whom property is, or rights or liabilities are, allocated under an allocation statement;
"transferor" means a person from whom property is, or rights or liabilities are, transferred under an allocation statement.
(2) The Minister, by notice published in the Government Gazette, may fix the relevant date for the purposes of an allocation statement.
S. 287F (Heading) substituted by No. 17/2012 s. 48(1).
S. 287F inserted by No. 85/2006 s. 120.