3Interpretation

3 Interpretation

In this Act –

air cushion vehicle means a vehicle that is designed to be supported when in motion wholly or partly by air expelled from the vehicle to form a cushion of which the boundaries include the water or other surface beneath the vehicle;

asset includes any business or property;

Australian Accounting Standards means Statements of Accounting Standards issued jointly by the National Councils of the Australian Society of Certified Practising Accountants and The Institute of Chartered Accountants in Australia or their successors;

Authority means the Marine and Safety Authority established under section 4 ;

Board means the Board of Directors of the Authority;

[Section 3 Amended by No. 8 of 2006, s. 4, Applied:25 Oct 2006] [Section 3 Amended by No. 31 of 2013, s. 35, Applied:02 Sep 2013]

[Section 3 Amended by No. 31 of 2013, s. 35, Applied:02 Sep 2013] certificate of survey means a certificate of survey issued by the National Regulator that warrants that a vessel complies with the vessel survey requirements of the National Law;

chairperson means the chairperson of the Board appointed under section 8(1)(a) ;

chief executive officer means the chief executive officer of the Authority appointed under section 16 ;

[Section 3 Amended by No. 50 of 2000, s. 4, Applied:14 Jul 2000]

[Section 3 Amended by No. 50 of 2000, s. 4, Applied:14 Jul 2000] coastal waters means –