TT-Line Arrangements Act 1993

In this Act, unless the contrary intention appears –

articles means articles of association;

board of directors means the board of directors for the Company;

Company means a company formed under section 5 and incorporated under the Corporations Law;

function includes duty;

incorporation day means the day specified in a certificate of registration issued under the Corporations Law as the day of commencement of the registration of the Company;

liability includes any liability, duty and obligation, whether actual, contingent or prospective;

member, in respect of the Company, means a member referred to in section 8;

memorandum means memorandum of association;

prescribed branch has the same meaning as in the Transport Act 1981;

property means legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property and includes money, documents, securities, choses in action and other rights;

retired TT-Line employee means a person who – was employed for the purposes of the TT-Line Prescribed Branch and, immediately before the incorporation day, was in receipt of a pension or other benefit in respect of that employment; or immediately before the incorporation day was in receipt of a pension paid – under Division 3 or 4 of Part V of the Retirement Benefits Act 1982; and in respect of a person who had been employed for the purposes of the TT-Line Prescribed Branch;

right includes any right, power, privilege and immunity, whether actual, contingent or prospective;

SAF Agreement has the same meaning as in the Retirement Benefits Act 1993 as in force immediately before the commencement of section 63 of the Public Sector Superannuation Reform Act 2016;

subsidiary has the same meaning as in the Corporations Act;

subsidiary board, in relation to a subsidiary, means the board of directors for the subsidiary;

transferred (RBF) TT-Line employee means a person who – immediately before the incorporation day was a contributor; and on that day, became an employee of the Company by reason of clause 3 of Schedule 3 as in force immediately before the commencement of the Retirement Benefits (Consequential and Miscellaneous Amendments) Act 1996; and has not ceased to be employed by the Company;

transferred (SAF) TT-Line employee means a person who – immediately before the incorporation day was an employee eligible to receive benefits under the SAF Agreement; and on that day, became an employee of the Company by reason of clause 3 of Schedule 3 as in force immediately before the commencement of the Retirement Benefits (Consequential and Miscellaneous Amendments) Act 1996; and has not ceased to be employed by the Company; and is not a transferred (RBF) TT-Line employee;

Transport Commission means the Transport Commission incorporated under the Transport Act 1981;

Treasurer’s Instructions means instructions issued under section 114 of the Government Business Enterprises Act 1995 and applicable to the Company in accordance with section 21A of this Act;

TT-Line Prescribed Branch means the branch of the Transport Commission that was established as a prescribed branch by the Transport (Prescribed Branch) Order 1986 (being Statutory Rules 1986, No. 134);

wholly-owned subsidiary, in relation to the Company, means a subsidiary of the Company that falls within the definition of wholly-owned subsidiary, within the meaning of the Corporations Act, in respect of the Company.