"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.
(c)
in relation to a subsidiary that is a company within the meaning of the
Corporations Act 2001of the Commonwealth--the constitution of the company
within the meaning of that Act, or
(d) in relation to a subsidiary that is
not a company--the subsidiary's charter or memorandum and articles of
association.
"eligible Ministers" means--
(a) in relation to a company SOC or proposed
company SOC or any of its subsidiaries--the Treasurer and 4 or more other
Ministers for the time being nominated by the Premier as being eligible to
hold shares in the SOC, or
(b) in relation to a statutory SOC or proposed
statutory SOC or any of its subsidiaries--the Treasurer and another Minister
for the time being nominated by the Premier as a voting shareholder of the
SOC.
"foundation charter" of a statutory SOC means the Act by which the name of the
SOC is inserted in Schedule 5, or some other Act specified by an Act as its
foundation charter, and includes any replacement Act.
"government entity" means--
(a) a State department, administrative office,
instrumentality, agency, authority or entity, that is not a corporation, or
(b) a division, branch or other part of such a department, office,
instrumentality, agency, authority or entity.
"liabilities" means liabilities, debts and obligations (whether present or
future and whether vested or contingent).
"rights" means all rights, powers, privileges and immunities (whether present
or future and whether vested or contingent).
"State owned corporation" or
"SOC" means a company for the time being specified in Schedule 1 or a
corporation for the time being specified in Schedule 5.
"statutory State owned corporation" or
"statutory SOC" means a corporation for the time being specified in Schedule
5.
"the State" includes the Crown in right of New South Wales and the Government
of New South Wales.
"voting shareholders" means--
(a) in relation to a company SOC or any of its
subsidiaries--the Treasurer and one of the other eligible Ministers who is for
the time being nominated by the Premier as a voting shareholder of the SOC, in
their capacities as shareholders in the SOC, or
(b) in relation to a
statutory SOC or any of its subsidiaries--the shareholders of the SOC as
referred to in section 20H, in their capacities as shareholders in the SOC.