4Definitions

4 Definitions

In this Act—

Agreement means the Agreement a copy of which is set out in Schedule 1;

Commonwealth Bank means the Commonwealth Bank of Australia;

completion date means the date of which notice is given in accordance with section 3;

employee, in relation to the State Bank, means a person appointed or employed by the State Bank;

instrument includes a document and an oral agreement;

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

property means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description;

related corporation, in relation to the State Bank, has the same meaning as in section 3 of the State Bank Act 1988;

s. 4

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

State Bank means the State Bank of Victoria;

State Bank instrument means an instrument (including a legislative instrument other than this Act) subsisting immediately before the succession day—

(a) to which the State Bank was a party; or

(b) that was given to or in favour of the State Bank; or

(c) that refers to the State Bank; or

(d) under which—

(i) money is, or may become, payable to or by the State Bank; or

(ii) other property is to be, or may become liable to be, transferred to or by the State Bank;

subsidiary means a corporation that is a subsidiary of Tricontinental Holdings Ltd within the meaning of section 7 of the Companies (Victoria) Code;

succession day means the day on which Part 3 comes into operation;

transferred employee means a person who, under section 21, is regarded as having been appointed by the Commonwealth Bank;

Tricontinental means each and all of Tricontinental Holdings Limited and its subsidiaries, whether incorporated before or after the commencement of this section.