National Wine Centre (Restructuring and Leasing Arrangements) Act 2002

In this Act, unless the contrary intention appears—

asset means—

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

a present, contingent or future right, power, privilege or immunity, (and includes a present or future cause of action in favour of the

Centre);

Centre means the National Wine Centre established under the repealed Act;

Centre asset means—

any asset (including official insignia) vested in the Centre immediately before its dissolution under section 4;

any other asset of the Minister or of the Crown that is, by determination of the Minister, to be regarded as a Centre asset, but does not include Centre land;

Centre land—see section 3A;

Centre liability means—

any liability of the Centre immediately before its dissolution under section 4;

any other liability of the Minister or of the Crown that is, by determination of the Minister, to be regarded as a Centre liability;

contracting party—see

Part

2Division 3;

lease includes—

a sub-lease or other derivative of a lease;

hire of personalty;

a licence;

lessee—see

Part

2Division 3;

liability means a present, contingent or future liability or obligation (including a non-pecuniary obligation and a present or future cause of action against the Centre);

official insignia means all official insignia under the repealed Act;

repealed Act means the National

Act 1997.

The Minister may, by instrument in writing, determine that a Centre asset is to be regarded as personalty although annexed to land (and any such determination will have effect according to its terms and despite the provisions of any other law or instrument).

The Minister may, by subsequent instrument in writing, vary or revoke a determination under subsection (2).