New South Wales Consolidated Acts

AUSTRALIAN MUTUAL PROVIDENT SOCIETY (DEMUTUALISATION AND RECONSTRUCTION) ACT 1997 - SECT 3

3 Definitions

(1) In this Act:
"AMP" means Australian Mutual Provident Society continued as a body corporate by the Australian Mutual Provident Society’s Act 1910 (whether or not its name changes).
"AMP shareholder" means a person identified, in AMP’s application, under section 7 (2) (f) (iii) as a person who will be a shareholder of AMP when AMP converts to a company limited by shares.

Note: This definition refers to AMP’s shareholders, rather than the members of AMP. The members will become shareholders of NHL rather than AMP when the demutualisation takes effect.

"Attorney General" means the Attorney General for New South Wales.
"By-laws" means the By-laws of AMP.
"certificate of conversion" means a certificate of conversion issued by the Attorney General under this Act.
"Companies Code" means:

(a) the Companies (New South Wales) Code , and

(b) the provisions applying as regulations made under that Code because of section 7 of the Companies (Application of Laws) Act 1981 .

"company limited by shares" means a body corporate, whose principle or one of whose principles is that the liability of its member or members is limited by its constitution to the amount (if any) unpaid on the shares respectively held by the member or members.
"conversion resolution" means a conversion resolution referred to in section 4.
"NHL" means the company that is or will become AMP’s ultimate holding company when AMP’s conversion to a company limited by shares takes effect.

(2) Words and expressions used in this Act have the same meanings as in the Corporations Law , except in so far as they are defined differently in this Act or the context or subject-matter otherwise indicates or requires.

(3) Notes in this Act do not form part of this Act.