In this Act, unless
the contrary intention appears —
commencement day means the day on which this Act
comes into operation;
Exim means the Western Australian Exim Corporation
established by the Western Australian Exim Corporation Act 1986 and includes a
body corporate that is a wholly owned subsidiary of Exim as determined under
the Corporations Law;
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;
property means property and assets of every
description, and includes securities, rights and powers of every description;
Treasurer means the Treasurer of the State;
WADC means the Western Australian Development
Corporation established by the Western Australian Development Corporation Act
1983 and includes a body corporate that is a wholly owned subsidiary of the
WADC as determined under the Corporations Law.