New South Wales Consolidated Acts New South Wales Consolidated ActsIn this Act:
"ABA" means Advance Bank Australia Limited.
"appointed day" means the day appointed under section 5.
"CAB" means Canberra Advance Bank Limited.
"Chief Executive Officer", in relation to ABA, means the officer in charge of
the day to day management of the affairs of that bank or a person appointed by
him or her in writing.
"land" includes any estate, interest or right (whether legal or equitable) in,
over or under any real or leasehold property.
"liabilities" includes duties and obligations of every description, whether
actual, contingent or prospective, but does not include any liability to the
extent to which it is not related to the undertaking of CAB.
"property" means property and assets of every description, and includes
securities, rights and powers of every description.
"security" includes a mortgage (whether legal or equitable), charge (whether
legal or equitable), debenture, bill of exchange, promissory note, guarantee,
indemnity, lien, pledge, bill of sale or other means of securing the payment
of a debt, whether present or future, or the discharge of an obligation or
liability, whether actual, contingent or prospective.