4Definitions

4 Definitions

4 Definitions

In this Act—

appointed person means the person appointed by the Treasurer under section 6 to determine the relevant compensation under section 7.

Deed means the “Port Commitment Deed” entered into by the State on or about 30 May 2014 relating to the leasing of the Port of Newcastle, as in force from time to time.

Port operator means the operator of the Port of Newcastle who is required to pay an amount to the State under the reimbursement provision of the Deed.

reimbursement provision, of the Deed, means a provision of the Deed relating to the requirement for the operator of the Port of Newcastle, however described in the Deed, to pay an amount to the State following receipt of a notice that the State is required to pay an amount to an operating entity associated with another port.

relevant compensation—see section 7(1).

Note—

The Interpretation Act 1987 contains definitions and other provisions that affect the interpretation and application of this Act.