Commonwealth Numbered Acts

AUSTRALIAN SPORTS COMMISSION ACT 1989 No. 12 of 1989 - SECT 59

59. In this Part, unless the contrary intention appears:

"assets" means property of every kind and, without limiting the generality of
the foregoing, includes:

   (a)  choses in action; and

   (b)  rights, interests and claims of every kind in or to property, whether
        arising under or by virtue of an instrument or otherwise, and whether
        liquidated or unliquidated, certain or contingent, accrued or
        accruing;

"authorised person" means:

   (a)  the Minister;

   (b)  the Executive Director, the Director, an acting Executive Director, or
        an acting Director; or

   (c)  a person employed by the Commission;

"commencing day" means the day on which this Act commences;

"Institute Act" means the Australian Institute of Sport Act 1986;

"instrument" includes a contract, guarantee or agreement (whether express or
implied and whether made or given orally or in writing), bond, authority,
order, power of attorney, mortgage, transfer, conveyance or other assurance,
charge, lien, bill of lading, bill of exchange, letter of credit or security;

"liabilities" means liabilities of every kind and, without limiting the
generality of the foregoing, includes obligations of every kind, whether
arising under or by virtue of an instrument or otherwise, and whether
liquidated or unliquidated, certain or contingent, accrued or accruing;

"previous Commission" means the Australian Sports Commission established by
the Australian Sports Commission Act 1985;

"previous Commission Act" means the Australian Sports Commission Act 1985;

"previous Institute" means the Australian Institute of Sport established by
section 4 of the Australian Institute of Sport Act 1986;

"relevant instrument" means an instrument:

   (a)  to which the previous Commission or the previous Institute is a party;

   (b)  that was given to or in favour of the previous Commission or the
        previous Institute;

   (c)  in which a reference is made to the previous Commission or to the
        previous Institute; or

   (d)  under which money is or may become payable, or any other property is
        to be, or may become liable to be, transferred, conveyed or assigned,
        to or by the previous Commission or the previous Institute;
being an instrument subsisting immediately before the commencing day.