Victorian Consolidated Legislation

Transport Accident Act 1986 - SECT 33A

PART 2A VICTORIAN GOVERNMENT SECURITY BONDS

Definitions

33A. Definitions

In this Part-

assigned debt means the sum of-

   (a)  the amount assigned by depositors to the Treasurer under contracts
        entered into on or after 20 December 1990 and before the transfer day
        assigning the right, title and interest of a depositor in the amount
        that the depositor had on deposit with any of the Societies when the
        relevant contract was entered into, including any accrued interest
        (whether credited or uncredited); and

   (b)  interest, and amounts in the nature of interest, payable or that may
        become payable on the whole or any part of the amount referred to in
        paragraph (a);

depositor means a depositor as at 24 June 1990 with one of the Societies;

issue includes create, make, draw, indorse, accept, negotiate or transfer;

promissory note means-

   (a)  bill of exchange, cheque or other negotiable instrument; and

   (b)  bond, debenture, inscribed stock or other security; and

   (c)  any other instrument or security approved by the Governor in Council-
        issued by the Treasurer under section 20 of the Building Societies
        (Prudential Standards) Act 1990 before the transfer day;

transfer day means 15 January 1993;

Societies means the Pyramid Building Society, the Countrywide Building Society
and the Geelong Building Society;

VicFin means the Victorian Public Authorities Finance Agency or, if section 51
of the Treasury Corporation of Victoria Act 1992 has come into operation, the
Treasury Corporation of Victoria.