Commonwealth Consolidated Acts

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ALBURY-WODONGA DEVELOPMENT ACT 1973 - SECT 3

Interpretation

             (1)  In this Act, unless the contrary intention appears:

"annual operational plan" means a plan prepared under subsection 20B(1).

"appointed member" means a member other than the chief executive officer.

"approved bank" means the Reserve Bank of Australia or another bank approved by the Finance Minister.

"asset" includes:

                     (a)  any legal or equitable estate or interest in real or personal property, whether actual, contingent or prospective; and

                     (b)  any right, power, privilege or immunity, whether actual, contingent or prospective.

"Australian Public Service" means the APS within the meaning of the Public Service Act 1999 .

"Chairperson" means the Chairperson of the Corporation.

"chief executive officer" means the person appointed under section 10A.

"Corporation" means the Corporation established by this Act.

"Finance Minister" means the Minister who administers the Financial Management and Accountability Act 1997 .

"joint Commonwealth/State scheme" means the scheme:

                     (a)  under which the Commonwealth, New South Wales and Victoria agreed that:

                              (i)  a new integrated urban complex be developed by the extension of existing urban areas of Albury and Wodonga and the creation of new urban areas in the Albury‑Wodonga region; and

                             (ii)  amenities and services be provided to foster and serve that urban complex; and

                     (b)  that had as one of its elements the establishment of the Corporation by this Act.

"land" includes an interest in land.

"liability" means any liability, duty or obligation, whether actual, contingent or prospective.

"member" means a member of the Corporation.

"Winding-up Agreement" means the Albury-Wodonga Area Development Winding-up Agreement approved by subsection 5B(1).

"winding-up plan" means a plan prepared under subsection 20A(1).



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