New South Wales Consolidated Acts

NEW SOUTH WALES LOTTERIES CORPORATISATION ACT 1996 - SECT 3

3 Definitions

(1) In this Act:
"assets" means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description (including money), and includes securities, choses in action and documents.
"exercise" a function includes perform a duty.
"function" includes a power, authority or duty.
"liabilities" means any liabilities, debts and obligations (whether present or future and whether vested or contingent).
"Ministerial Holding Corporation" means the Ministerial Holding Corporation constituted under section 37B of the State Owned Corporations Act 1989 .
"New South Wales Lotteries" means the statutory body constituted by the New South Wales Lotteries Act 1990 .
"New South Wales Lotteries Corporation" means the statutory State owned corporation constituted by this Act under the name New South Wales Lotteries Corporation.
"public lottery" has the same meaning as in the Public Lotteries Act 1996 .
"rights" means all rights, powers, privileges and immunities (whether present or future and whether vested or contingent).

(2) Words and expressions used in this Act and also the State Owned Corporations Act 1989 have the same meanings in this Act as they have in that Act.

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