3Definitions

#### 3 Definitions (1) In this Act, unless the contrary intention appears: > AGL means The Australian Gas Light Company. > asset means: (a) any legal or equitable estate or interest in real or personal property, including a contingent or prospective one; and (b) any right, privilege or immunity, including a contingent or prospective one; but does not include a Commonwealth record under the Archives Act 1983. > asset purchase agreement means the agreement made between the Commonwealth and Newco on the sale day for the sale of the Moomba‑Sydney pipeline system. > authorised person means: (a) the Minister; or (b) a person authorised by the Minister, in writing, for the purposes of this Act. > Authority means the Pipeline Authority established by the Pipeline Authority Act 1973. > Authority instrument means an instrument that is specified in Schedule 3 to the asset purchase agreement. > Commonwealth‑AGL agreement means the agreement made between the Commonwealth and AGL on 18 November 1993 in relation to the sale of the Moomba‑Sydney pipeline system. > Commonwealth‑guaranteed debt means a debt and any other related obligations whose performance is guaranteed by the Commonwealth. > DFRDB Act means the Defence Force Retirement and Death Benefits Act 1973. > dual destination instrument means an Authority or Pacenco instrument, that relates to a dual destination interest. > dual destination interest means an easement or other right in relation to land, that is specified in the easement agreement. > easement agreement means the agreement made between the Commonwealth and Newco on the sale day in relation to their ownership as tenants in common of all dual destination interests. > Finance Minister means the Minister administering the Public Governance, Performance and Accountability Act 2013. > instrument includes a document but does not include a Commonwealth legislative instrument other than an instrument under the Lands Acquisition Act 1955, the Lands Acquisition Act 1989 or the Industrial Relations Act 1988. > land means: (a) a legal or equitable estate or interest in land; or (b) a right, power or privilege in relation to land. > liabilities means liabilities and duties, including contingent or prospective ones. > Long Service Leave Act means the Long Service Leave (Commonwealth Employees) Act 1976 as in force immediately before the sale day. > Maternity Leave Act means the Maternity Leave (Commonwealth Employees) Act 1973. > Newco means the body corporate nominated under section 6. > Newco body means Newco or a Newco subsidiary. > Pacenco means Pacenco Proprietary Limited (A.C.N. 060 349 948). > Pacenco instrument means an instrument that is specified in Schedule 4 to the asset purchase agreement. > petroleum means any of the following, whether in a gaseous, liquid or solid state: (a) any naturally occurring hydrocarbon; (b) any naturally occurring mixture of hydrocarbons; (c) any naturally occurring mixture of one or more hydrocarbons and one or more of the following: (i) hydrogen sulphide; (ii) nitrogen; (iii) helium; (iv) carbon dioxide; (d) any hydrocarbon or mixture of hydrocarbons produced by refining a substance referred to in paragraph (a), (b) or (c); (e) any mixture of a hydrocarbon or hydrocarbons so produced with another substance or other substances. > post‑sale transferee means a staff member of the Authority who becomes employed by Newco under subsection 57(2) or 60(2). > sale day has the meaning given by subsection 4(1). > share, in relation to a body corporate, means a share in the body corporate’s share capital. > SRC Act means the Safety, Rehabilitation and Compensation Act 1988. > staff member of the Authority means a person who is an officer (other than a director) or employee of the Authority. > staff transfer agreement means the agreement made between: (a) AGL on its own behalf and on behalf of other prospective buyers of shares in Newco; and (b) the unions who represent the staff of the Authority; and (c) the Authority; before the sale day in relation to the transfer of staff to Newco. > transferring staff member means a staff member of the Authority who becomes employed by Newco under subsection 8(2). (2) For the purposes of this Act, the question whether a body corporate is a subsidiary of another body corporate is to be determined under the Corporations Law.