Interpretation

In force

(1)

In this Part—

asset means—

(a)

a present, contingent or future legal or equitable estate or interest in real or personal property; or

(b)

a present, contingent or future right, power, privilege or immunity, including a present or future cause of action in favour of The University of Adelaide or the University of South Australia;

cause of action includes a right to bring, defend or participate in legal proceedings;

contract means any legally enforceable agreement, arrangement, undertaking or understanding, whether or not in writing, and includes a deed;

designated day means a day declared by the Governor, by proclamation, as the designated day for the purposes of the provision in which the term is used;

document includes a disc, tape or other medium in which information is stored;

instrument includes—

(a)

a legislative instrument;

(b)

a judgment, order or process of a court;

(c)

a contract;

(d)

any other document;

legal proceedings includes an arbitration and an administrative proceeding;

liability means a present, contingent or future liability (arising either at law or in equity) and includes a duty or non-pecuniary obligation;

prescribed day—see subclause (2);

prescribed university means The University of Adelaide or the University of South Australia;

testamentary disposition includes a surrender or release effected by a testamentary disposition;

Transition Council means the Transition Council of Adelaide University established under clause 8.

(2)

For the purposes of this Part, a reference to the prescribed day for a prescribed university is a reference to—

(a)

in the case of The University of Adelaide—the day on which the University of Adelaide Act 1971 is repealed under clause 1(a); and

(b)

in the case of the University of South Australia—the day on which the University of South Australia Act 1990 is repealed under clause 1(b).

(3)

For the purposes of this Part, a reference to a contract of a prescribed university includes a reference to an interest in a contract to which the prescribed university is a party.

This Act’s bill:Second reading speech

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7 Interpretation