66Definitions

66 Definitions

In this Part:

designated security trust fund has the meaning given by section 69.

insurance liability means a liability under a contract of insurance.

judicial trustee has the meaning given by section 92.

legal personal representative means:

(a) the executor of the will, or the administrator of the estate, of a deceased person; or
(b) the trustee of the estate of a person under a legal disability; or
(c) a person who holds an enduring power of attorney granted by another person; or
(d) a person who, by order of a court or otherwise, has the legal administration or control of the affairs of another person.

qualified corporation means a body corporate that is:

(a) a corporation to which paragraph 51(xx) of the Constitution applies; and
(b) a company incorporated, or taken to be incorporated, under the Corporation Act 2001.

security trust fund has the meaning given by section 67.