Western Australian Current Acts Western Australian Current Acts In this Part, unless
the contrary intention appears —
assets means —
(a)
property of every kind whether tangible or intangible, real or personal,
corporeal or incorporeal; and
(b)
without limiting paragraph (a), includes choses in action, goodwill, rights,
interests and claims of every kind in or to property, whether arising from,
accruing under, created or evidenced by or the subject of, an instrument or
otherwise and whether liquidated or unliquidated, actual, contingent or
prospective,
being part of, or relating to, the
corporation’s DBNGP system, except that it does not include any right,
title, or interest that is capable of passing to the DBNGP Land Access
Minister under section 31;
assignee means the person specified in a transfer
order as —
(a) the
person to whom anything is assigned; or
(b) the
person a reference to whom has to be treated as being substituted for a
reference to the corporation in an agreement or instrument in order to give
effect to section 16(1)(b);
liability means any liability, duty or obligation
—
(a)
whether actual, contingent or prospective, liquidated or unliquidated; or
(b)
whether owed alone or jointly or jointly and severally with any other person,
relating to the corporation’s DBNGP system
or any other asset;
right means any right, power, privilege or
immunity whether actual, contingent or prospective, but does not include any
privilege or immunity enjoyed by the corporation as an agent of the Crown
except in so far as it relates to anything done or omitted to be done by the
corporation before the transfer time;
transfer order means an order under section 15, as
amended under that section or corrected under section 23 if applicable;
transfer time means the transfer time specified in
a transfer order.