10ANotice of transfer

10A Notice of transfer

[Section 10A Inserted by No. 29 of 2008, s. 12, Applied:05 Sep 2008]

(1)  For the purposes of this section and Schedule 1A  –

asset includes any, and any part of any, property, business, operation and right;

government business means a Government Business Enterprise, a State-owned company or a subsidiary of either of them;

liability means any liability, duty or obligation whether actual, contingent or prospective, liquidated or unliquidated;

notice of transfer means a notice of transfer referred to in subsection (2) ;

property means –

(a) any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property; and

(b) money, documents and securities; and

(c) shares in a subsidiary; and

(d) any other rights;

right means any right, power, privilege or immunity whether actual, contingent or prospective;

State-owned company means a company established under the Corporations Act, the members of which are Ministers of the Crown and the beneficial ownership of which rests with the Crown;

State tax means any of the following if imposed by any Act or law of Tasmania:

(a) a fee, including an application fee and registration fee;

(b) a tax, including a duty;

(c) a charge;

transferee means a government business to which any assets, rights or liabilities are transferred;