253Interpretation

#### 253 Interpretation In this Part, unless the contrary intention appears: > assets means property of every kind, and includes, but is not limited to: (a) choses in action; and (b) rights, interests and claims of every kind in or to property, whether arising under or by virtue of an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing. > authorised officer means: (a) the Minister; or (b) the Chairperson; or (c) a member of the staff of the Commission authorised by the Minister in writing for the purposes of this Part. > commencement, when used in a provision of this Part, means the commencement of that provision. > liabilities means liabilities of every kind, and includes, but is not limited to, obligations of every kind, whether arising under or by virtue of an instrument or otherwise, and whether liquidated or unliquidated, certain or contingent, accrued or accruing. > NCSC Act means the National Companies and Securities Commission Act 1979. > NCSC instrument means an instrument: (a) to which the NCSC was a party; or (b) that was given to or in favour of the NCSC; or (c) in which a reference is made to the NCSC; or (d) under which money is or may become payable, or any other property is to be, or may become liable to be, transferred, to or by the NCSC; being an instrument subsisting immediately before the commencement of the provision in which the expression is used. > section 462 assets means assets held by the NCSC in relation to which section 462 of the Companies Act 1981 or a corresponding law of this or another jurisdiction applies, whether with modifications or not. > trust assets of the NCSC means: (a) assets received or held by the NCSC as mentioned in section 43 of the NCSC Act; and (b) section 462 assets.