CORPORATIONS ACT 2001 - SECT 762C Meaning of facility

CORPORATIONS ACT 2001 - SECT 762C

    In this Act:

"facility" includes:

  (a)   intangible property; or

  (b)   an arrangement or a term of an arrangement (including a term that is implied by law or that is required by law to be included); or

  (c)   a combination of intangible property and an arrangement or term of an arrangement.

Note:   2 or more arrangements may be taken to constitute a single arrangement: see subsection   761B(2).