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Victorian Plantations Corporation Act 1993
34Definitions and application
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34 Definitions and application
s. 34
(1) In this Part—
***chief executive officer*** means chief executive officer of the Corporation;
***Corporation instrument*** means an instrument (including a legislative instrument other than this Act) subsisting immediately before the relevant date—
(a) to which the Corporation was a party; or
(b) that was given to or in favour of the Corporation; or
(c) that refers to the Corporation; or
(d) under which—
(i) money is, or may become, payable to or by the Corporation; or
(ii) other property is to be, or may become liable to be, transferred to or by the Corporation;
***Corporation transferee***, in relation to former Corporation property, means the person to which the property has been transferred under this Part;
***former Corporation property*** means property, rights or liabilities of the Corporation that, under this Part, have vested in, or become liabilities of another person;
***liabilities*** means all liabilities, duties and obligations, whether actual, contingent or prospective;
***new employer***, in relation to a transferred Corporation employee, means the person by which, by virtue of section 50, the transferred Corporation employee is regarded as being employed with effect from the relevant date;
s. 34
***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;
***relevant date***—
(a) in relation to an allocation statement or property, rights or liabilities allocated under an allocation statement, means the date fixed by the Treasurer under subsection (2) for the purposes of that statement;
(b) in relation to a document referred to in section 49(1), means a date fixed by the Treasurer under subsection (2) for the purposes of that document;
***transferred Corporation employee*** means a person who, by virtue of section 50, is regarded as being employed by a new employer with effect from the relevant date.
(2) The Treasurer may, by notice published in the Government Gazette—
(a) fix the relevant date for the purposes of an allocation statement under section 37;
(b) fix the relevant date for the purposes of a document referred to in section 49(1).
(3) Nothing in this Part permits the sale, transfer, assignment or disposal of any interest in a forestry agreement referred to in section 30.
S. 35 substituted by No. 35/1998