Northern Territory Consolidated Acts

GOVERNMENT OWNED CORPORATIONS ACT - SECT 3

In this Act, unless the contrary intention appears:

"chairperson", in relation to a Government owned corporation, means the person appointed under section 18 to be the chairperson of the corporation and includes a deputy chairperson while acting as the chairperson under section 19.

"chief executive officer", in relation to a Government owned corporation, means the person appointed under section 16 to be the chief executive officer of the corporation and includes a person acting as the chief executive officer under section 17.

"director", in relation to a Government owned corporation, means a director of the corporation under section 13 and includes a person acting as a director under section 14.

"Government owned corporation" means a statutory corporation that is declared to be a Government owned corporation by the Act by which it is incorporated or continued in existence.

"officer", in relation to a Government owned corporation, means:

        (a)     a director of the Government owned corporation;

        (b)     the chief executive officer of the Government owned corporation; or

        (c)     any other person who is concerned, or takes part, in the Government owned corporation's management.

"portfolio Minister" means the minister referred to in section 10.

"shareholding Minister" means the person who is the shareholding minister under section 8.

"subsidiary" means a body corporate that is a subsidiary of a Government owned corporation as determined in accordance with the Corporations Act 2001.