Canberra Advance Bank Limited (Merger) Act 1992
3Definitions
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3 Definitions
3 Definitions
In this Act:
ABA means Advance Bank Australia Limited.
appointed day means the day appointed under section 5.
CAB means Canberra Advance Bank Limited.
Chief Executive Officer, in relation to ABA, means the officer in charge of the day to day management of the affairs of that bank or a person appointed by him or her in writing.
land includes any estate, interest or right (whether legal or equitable) in, over or under any real or leasehold property.
liabilities includes duties and obligations of every description, whether actual, contingent or prospective, but does not include any liability to the extent to which it is not related to the undertaking of CAB.
property means property and assets of every description, and includes securities, rights and powers of every description.
security includes a mortgage (whether legal or equitable), charge (whether legal or equitable), debenture, bill of exchange, promissory note, guarantee, indemnity, lien, pledge, bill of sale or other means of securing the payment of a debt, whether present or future, or the discharge of an obligation or liability, whether actual, contingent or prospective.