Definitions
1 Definitions
In this Schedule—
assets means any legal or equitable estate or interest (whether present or future and whether vested or contingent and whether personal or assignable) in real or personal property of any description (including money), and includes securities, choses in action and documents.
instrument means an instrument (other than this Act) that creates, modifies or extinguishes rights or liabilities (or would do so if lodged, filed or registered in accordance with any law), and includes any judgment, order or process of a court.
liabilities means any liabilities, debts or obligations (whether present or future and whether vested or contingent and whether personal or assignable).
rights means any rights, powers, privileges or immunities (whether present or future and whether vested or contingent and whether personal or assignable).
transport authority has the same meaning as it has in section 94.
This Act’s bill:Explanatory memorandum
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