Western Australian Consolidated Acts

PUBLIC TRANSPORT AUTHORITY ACT 2003 - SECT 79

79 .         Terms used

                In this Division, unless the contrary intention appears —

        asset means property of any kind belonging, immediately before the commencement time, to a former body, whether tangible, intangible, real, or personal and, without limiting that meaning, includes —

            (a)         any chose in action or goodwill; or

            (b)         any right, interest, or claim of any kind,

        whether arising from, accruing under, created or evidenced by or the subject of, an instrument or otherwise and whether liquidated or unliquidated, actual, contingent or prospective;

        commencement time means the time when this Division comes into operation;

        former body means the Minister for Western Australian Government Railways or The Western Australian Government Railways Commission;

        liability means any liability, duty or obligation that, immediately before the commencement time, a former body had —

            (a)         whether actual, contingent or prospective, liquidated or unliquidated; or

            (b)         whether owed alone or jointly or jointly and severally with any other person;

        Minister for Western Australian Government Railways means the former body corporate named Minister for Western Australian Government Railways established under the Government Railways Act 1904 section 4;

        right means any right, power, privilege or immunity that, immediately before the commencement time, a former body had whether actual, contingent or prospective;

        The Western Australian Government Railways Commission means the former body corporate named The Western Australian Government Railways Commission constituted under the Government Railways Act 1904 section 8.