"approved" , in relation to a form, means approved by the Secretary.
"ASIC" means the Australian Securities and Investments Commission.
"assets" means any legal or equitable estate or interest (whether present or
future, whether vested or contingent and whether personal or assignable) in
real or personal property of any description (including money), and includes
securities, choses in action and documents.
"association" means an association registered under this Act.
"Australian Accounting Standards" means the standards issued by the
Australian Accounting Standards Board, as in force for the time being, and
including any modifications prescribed by the regulations.
"Australian Auditing Standards" means the standards issued by the Auditing and
Assurance Standards Board, as in force for the time being, and including any
modifications prescribed by the regulations.
and includes any law of this
or another State or Territory, or any law of the Commonwealth, that is
declared by the regulations to be a corresponding law for the purposes of this
Act.
"court" includes tribunal.
"Department" means the Department of Customer Service.
"financial year" , in relation to an association, means--
(a) a period of 12
months, or such other period (whether longer or shorter than 12 months) not
exceeding 18 months as the association resolves, commencing on the date of
incorporation of the association, and
(b) each period of 12 months, or such
other period (whether longer or shorter than 12 months) not exceeding 18
months as the association resolves, commencing at the expiration of the
previous financial year of the association.
"function" includes a power, authority or duty.
"liabilities" means any liabilities, debts or obligations (whether present or
future, whether vested or contingent and whether personal or assignable).
"model constitution" means the model constitution prescribed by the
regulations.
"public officer" , in relation to an association, means the person who is
appointed as the association's public officer, and, until he or she is
replaced by a person so appointed, includes the person who is nominated as the
association's public officer in the association's application for
registration.
and includes any other entity that
is constituted as a body corporate pursuant to registration under a
corresponding law.
"rights" means any rights, powers, privileges or immunities (whether present
or future, whether vested or contingent and whether personal or assignable).
"Secretary" means--
(a) the Commissioner for Fair Trading, Department of
Customer Service, or
(2) In this Act, a reference to the
Corporations Act 2001 of the Commonwealth (or to a provision of that Act) as
applying under this Act is a reference to that Act (or provision) to the
extent to which it is declared to apply to a matter for the purposes of Part 3
of the Corporations (Ancillary Provisions) Act 2001 .
(3) Notes included in
this Act do not form part of this Act.