153ADefinitions

153A Definitions

chief executive officer means chief executive officer of GV;

company transferee, in relation to former GV property, means the generation company, SEC or other person to which the property has been transferred under this Part;

GV means Generation Victoria;

GV instrument means an instrument (including a legislative instrument other than this Act) subsisting immediately before the relevant date—

(a) to which GV was a party; or

(b) that was given to or in favour of GV; or

(c) that refers to GV; or

(i) money is, or may become, payable to or by GV; or

(ii) other property is to be, or may become liable to be, transferred to or by GV;

former GV property means property, rights or liabilities of GV that, under this Part, have vested in, or become liabilities of, a generation company, SEC or another person;

new employer, in relation to a transferred GV employee, means the generation company, SEC or other person by which, by virtue of section 153R, the transferred GV employee is regarded as being employed with effect from the relevant date;

(a) in relation to an allocation statement or property, rights or liabilities allocated under an allocation statement, means the date fixed by the Minister under subsection (2) for the purposes of that statement;

(b) in relation to a document referred to in section 153Q(1), means a date fixed by the Minister under subsection (2) for the purposes of that document;

S. 153A(1) def. of SEC inserted by No. 11/2024 s. 62.

SEC means the former SEC;

transferred GV employee means a person who, by virtue of section 153R, is regarded as being employed by a new employer with effect from the relevant date.

(a) fix the relevant date for the purposes of an allocation statement under section 153B;

(b) fix the relevant date for the purposes of a document referred to in section 153Q(1).

S. 153B inserted by No. 110/1994 s. 25.