7Interpretation: Part 3

7 Interpretation: Part 3

7 Interpretation: Part 3

(1) In this Part, except in so far as the context or subject-matter otherwise indicates or requires:

address means:

(a) in relation to a person other than a corporation—the last residential or business address of the person known to the Member disclosing the address,

(b) in relation to a corporation—the address of the registered office of the corporation in New South Wales or, where there is no such office, the address of the principal office of the corporation in the place in which it is incorporated, or

(c) in relation to any real property—the postal address of the property or the particulars of title of the property.

debt means:

(a) a debt arising from a loan of money, or

(b) a debt arising from the supply of goods or services.

disposition of property means any conveyance, transfer, assignment, settlement, delivery, payment or other alienation of property, and includes:

(a) the allotment of shares in a company,

(b) the creation of a trust in respect of property,

(c) the grant or creation of any lease, mortgage, charge, easement, licence, power, partnership or interest in respect of property,

(d) the release, discharge, surrender, forfeiture or abandonment, at law or in equity, of any debt, contract or chose in action, or of any interest in respect of property,

(e) the exercise by a person of a general power of appointment over property in favour of any other person, and

(f) any transaction entered into by any person with intent thereby to diminish, directly or indirectly, the value of his or her own property and to increase the value of the property of any other person.

donor means a person who makes a gift.

gift means any disposition of property made otherwise than by will (whether with or without an instrument in writing), without consideration in money or money’s worth passing from the disponee to the disponer, or with such consideration so passing if the consideration is not fully adequate, but does not include any financial or other contribution to travel.

income means assessable income within the meaning of the or the of the Commonwealth, but does not include remuneration payable under the .