Hawkesbury Racecourse Act 1996
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3 Definitions
3 Definitions
In this Act:
assets means any legal or equitable estates or interests (whether present or future and whether vested or contingent) in real or personal property of any description (including money), and includes securities, choses in action and documents.
Hawkesbury Racecourse means the land described in Schedule 1.
liabilities means any liabilities, debts or obligations (whether present or future and whether vested or contingent).
rights means all rights, powers, privileges and immunities (whether present or future and whether vested or contingent).
the former club means the members of the unincorporated body known as the Hawkesbury Race Club.
the former trustee, in relation to the Hawkesbury Racecourse, means the trustee for the Racecourse holding office under Division 4 of Part 5 of the Crown Lands Act 1989 immediately before the commencement of this Act.
the incorporated club means the body corporate declared by the Minister under this Act to be the incorporated Hawkesbury Race Club.
the reserve trust means the reserve trust referred to in section 5.