3Interpretation

3 Interpretation

In this Act –

Board means the board of directors of the Company;

Company means the company referred to in the Metro Tasmania Act 1997 ;

director means a director of the Company;

incorporation day means the day on which the Company is incorporated;

liabilities includes all liabilities, duties and obligations, whether actual, contingent or prospective;

MTT employee means an employee, within the meaning of the Tasmanian State Service Act 1984 , who, immediately before the incorporation day, was appointed or employed for the purposes of the repealed Act;

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) any other rights;

repealed Act means the Metropolitan Transport Act 1954 ;

rights includes all rights, powers, privileges and immunities, whether actual, contingent or prospective;

Trust means the Metropolitan Transport Trust established under the repealed Act.