Public Corporations Act 1993

associate—see subsection (2);

beneficial interest in property includes a potential beneficial interest in property subject to a discretionary trust;

beneficiary includes a person who is an object of a discretionary trust;

board in relation to a public corporation, means the board of directors of the corporation (also see section 4);

council means a municipal or district council;

debenture has the same meaning as in the Corporations

Act 2001 of the Commonwealth;

director in relation to a public corporation, means a person appointed as a member of the board of the corporation (also see section 4);

dividend means payment out of profit (whether earned in the current or a previous financial year) or payment in the nature of a return of capital;

domestic partner means a person who is a domestic partner within the meaning of the

Family

Relationships Act 1975, whether declared as such under that Act or not;

executive in relation to a public corporation or a subsidiary of a public corporation, means an employee of the corporation or subsidiary who is concerned or takes part in the management of the corporation or subsidiary;

financial year in relation to a public corporation, means—

incorporating

Act in relation to a statutory corporation or public corporation, means the Act by or under which the corporation is established;

liability includes contingent liability;

managed investment scheme has the same meaning as in the Corporations

Act 2001 of the Commonwealth;

Minister in relation to a public corporation, means the Minister to whom the administration of the corporation's incorporating Act is for the time being committed;

operations of a public corporation or any of its subsidiaries includes, for any purposes specified by regulation, any operations carried out by a specified company or entity or pursuant to a specified trust scheme, partnership, joint venture or other scheme or arrangement and declared by regulation to form part of the operations of the corporation or any of its subsidiaries for those purposes;

public corporation—see section 5(3);

record includes—

relative in relation to a person, means the spouse, domestic partner, parent or remoter linear ancestor, son, daughter or remoter issue or brother or sister of the person;

relevant interest has the same meaning as in the Corporations

Act 2001 of the Commonwealth;

remuneration in relation to an office or employment, includes any benefit of pecuniary value attaching to the office or employment;

senior executive in relation to a public corporation or a subsidiary of a public corporation, means an employee of the corporation or subsidiary holding or acting in—

spouse—a person is the spouse of another if they are legally married;

statutory corporation means a body corporate (other than a council or university) that—

Minister or a person or body appointed by the Governor or a

Minister;

subsidiary in relation to a public corporation, means—

Act 2001 of the Commonwealth; or

5.

or

Note—

For definition of divisional penalties (and divisional expiation fees) see Appendix.