3Definitions

3 Definitions

3 Definitions

(1) In this Act—

Chief Executive Officer means the person employed in the Public Service as the Chief Executive Officer of Property and Development NSW.

contaminated land has the same meaning as in the Waste Assets Management Corporation Act 2010.

exercise a function includes perform a duty.

function includes a power, authority or duty.

government agency means any of the following—

(a) a public authority constituted by or under an Act,

(b) a statutory body representing the Crown,

(c) a Public Service agency,

but does not include a State owned corporation, a local authority or any person or body exempted by the regulations from this definition.

interest in land means—

(a) a legal or equitable estate or interest in the land, or

(b) an easement, right, charge, power or privilege over, or in connection with, the land.

liabilities means any liabilities, debts or obligations (whether present or future and whether vested or contingent).

private corporation means a corporation within the meaning of the Corporations Act 2001 of the Commonwealth formed in or outside New South Wales.

private subsidiary corporation means a private corporation in which Property and Development NSW has a controlling interest.

property of a government agency means—

(a) land that is vested in the government agency, or land that is vested in the Crown or Her Majesty and that is controlled and used by the government agency, or

(b) an interest in land, being an interest that is vested in or held by the government agency.

Property and Development NSW means Property and Development NSW constituted by section 4.

Note—

See the Interpretation Act 1987, section 53(1), which provides for the effect of the alteration of the name of a body.

rights means any rights, powers, privileges or immunities (whether present or future and whether vested or contingent).

wholly owned subsidiary corporation means a private corporation in which Property and Development NSW is the only shareholder.