3Interpretation

#### 3 Interpretation In this Act, unless the contrary intention appears: > amount includes a nil amount. > ANL means the body corporate that, at the commencement of this section, exists, because of subsection 7(1), under the name “Australian Shipping Commission”. > articles means articles of association. > Australian Capital Territory includes the Jervis Bay Territory. > authorised person means: (a) the Minister; or (b) the holder of an authorising office. > authorising office means an office, in the Department, which is declared by writing signed by the Minister to be an authorising office for the purposes of this definition. > employment, in relation to a staff member, means employment by, or service with, ANL. > group company means: (a) ANL; or (b) a wholly‑owned subsidiary of ANL. > liability includes a debt or obligation. > member, in relation to ANL at any time before the transition, includes a Commissioner. > memorandum means memorandum of association. > operate, in relation to a name, has the meaning given by section 4. > property 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. > protected body means a group company that is a trading corporation, or a financial corporation, within the meaning of paragraph 51(20) of the Constitution. > protected business name means any of the following names: (a) ANL; (b) Australian National Line; (c) Maritime Agencies of Australia; (d) Searoad; (e) such other names as are prescribed for the purposes of this definition. > protected company name means any of the following names: (a) ANL Limited; (b) such other names as are prescribed for the purposes of this definition. > protected name means a protected business name or a protected company name. > protection time, in relation to a protected name, means the time immediately before: (a) in the case of a name prescribed for the purposes of the definition of protected business name or protected company name—the name first became so prescribed; or (b) in any other case—the commencement of this section. > registered, in relation to a name, includes reserved. > share, in relation to a body corporate, means a share in the share capital of the body corporate. > staff member means a person who, immediately before the transition, is: (a) the Managing Director of ANL; (b) an officer of ANL; or (c) a temporary or casual employee of ANL. > subsidiary has the meaning given by section 4A. > transfer includes a sale, conveyance or assignment. > transition means the commencement of Part IIIA. > wholly‑owned subsidiary, in relation to a body corporate (in this definition called the holding body), means a body corporate: (a) that is a subsidiary of the holding body; (b) none of whose members is a person other than: (i) the holding body; (ii) a body corporate that is, under any other application or applications of this definition, a wholly‑owned subsidiary of the holding body; or (iii) a nominee of the holding body or of a body of a kind referred to in subparagraph (ii); and (c) no share in which is beneficially owned by a person other than: (i) the holding body; or (ii) a body of a kind referred to in subparagraph (b)(ii).