65Interpretation

65 Interpretation

In this Part:

authorised person means:

(a) the Treasurer; or
(b) a person authorised by the Treasurer, in writing, for the purposes of this Part.

instrument includes a document and an oral agreement.

liabilities means all liabilities, duties and obligations, whether actual, contingent or prospective.

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.

rights means all rights, powers, privileges and immunities, whether actual, contingent or prospective.

State Bank means the State Bank of Victoria.

State Bank instrument means an instrument (including a legislative instrument other than this Act) subsisting immediately before the succession day:

(a) to which the State Bank was a party; or
(b) that was given to or in favour of the State Bank; or
(c) that refers to the State Bank; or
(d) under which:
(i) money is, or may become, payable to or by the State Bank; or
(ii) other property is to be, or may become liable to be, transferred to or by the State Bank.

succession day means the day on which this Part comes into operation.

transferred employee means a person who, under section 72, is regarded as having been appointed by the Commonwealth Bank.