Commonwealth Consolidated Acts

ANL ACT 1956 - SECT 3

                   In this Act, unless the contrary intention appears:

"amount" includes a nil amount.

"ANL" means the body corporate that, at the commencement of this section, exists, because of subsection 7(1), under the name "Australian Shipping Commission".

"articles" means articles of association.

"Australian Capital Territory" includes the Jervis Bay Territory.

"authorised person" means:

                     (a)  the Minister; or

                     (b)  the holder of an authorising office.

"authorising office" means an office, in the Department, which is declared by writing signed by the Minister to be an authorising office for the purposes of this definition.

"employment" , in relation to a staff member, means employment by, or service with, ANL.

"group company" means:

                     (a)  ANL; or

                     (b)  a wholly-owned subsidiary of ANL.

"liability" includes a debt or obligation.

"member" , in relation to ANL at any time before the transition, includes a Commissioner.

"memorandum" means memorandum of association.

"operate" , in relation to a name, has the meaning given by section 4.

"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.

"protected body" means a group company that is a trading corporation, or a financial corporation, within the meaning of paragraph 51(20) of the Constitution.

"protected business name" means any of the following names:

                     (a)  ANL ;

                     (b) Australian National Line ;

                     (c)  Maritime Agencies of Australia ;

                     (d)  Searoad ;

                     (e)  such other names as are prescribed for the purposes of this definition.

"protected company name" means any of the following names:

                     (a)  ANL Limited ;

                     (b)  such other names as are prescribed for the purposes of this definition.

"protected name" means a protected business name or a protected company name.

"protection time" , in relation to a protected name, means the time immediately before:

                     (a) in the case of a name prescribed for the purposes of the definition of protected business name or protected company name --the name first became so prescribed; or

                     (b)  in any other case--the commencement of this section.

"registered" , in relation to a name, includes reserved.

"share" , in relation to a body corporate, means a share in the share capital of the body corporate.

"staff member" means a person who, immediately before the transition, is:

                     (a)  the Managing Director of ANL;

                     (b)  an officer of ANL; or

                     (c)  a temporary or casual employee of ANL.

"subsidiary" has the meaning given by section 4A.

"transfer" includes a sale, conveyance or assignment.

"transition" means the commencement of Part IIIA.

"wholly-owned subsidiary , in relation to a body corporate (in this definition called the holding body" ), means a body corporate:

                     (a)  that is a subsidiary of the holding body;

                     (b)  none of whose members is a person other than:

                              (i)  the holding body;

                             (ii)  a body corporate that is, under any other application or applications of this definition, a wholly-owned subsidiary of the holding body; or

                            (iii) a nominee of the holding body or of a body of a kind referred to in subparagraph (ii); and

                     (c)  no share in which is beneficially owned by a person other than:

                              (i)  the holding body; or

                             (ii)  a body of a kind referred to in subparagraph (b)(ii).