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SNOWY MOUNTAINS ENGINEERING CORPORATION LIMITED SALE ACT 1993 No. 54, 1993 - SECT 3
Interpretation
3.(1) In this Act, unless the contrary intention appears:
"DFRDB Act" means the Defence Force Retirement and Death Benefits Act 1973;
"employee" includes apprentice;
" Long Service Leave Act" means the Long Service Leave (Commonwealth
Employees) Act 1976 as in force immediately before the commencement of Part 2
of this Act;
"Maternity Leave Act" means the Maternity Leave (Commonwealth Employees) Act
1973 ;
"sale day" means the day declared under section 4;
"share", in relation to a body corporate, means a share in the body's share
capital;
"SMEC" means the body corporate known before the sale day as the Snowy
Mountains Engineering Corporation Limited by whatever name called, and in
whatever form that body corporate takes, from time to time;
"SMEC body" means SMEC or a SMEC subsidiary;
"SMEC subsidiary" means a body corporate that is a subsidiary of SMEC;
"SRC Act" means the Safety Rehabilitation and Compensation Act 1988;
"Supervisory Mechanisms Act" means the Superannuation Benefits (Supervisory
Mechanisms) Act 1990 ;
"voting share" has the same meaning as in the Corporations Law.
(2) For the purposes of this Act, the question whether a body corporate is a
subsidiary of another body corporate is to be determined in the same manner as
that question is determined under the Corporations Law.
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