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s 47

Definitions

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Part 4Savings and transitional provisions

47 Definitions

In this Part—

commencement day means the day on which section 56 comes into operation;

liabilities means all liabilities, duties and obligations, whether actual, contingent or prospective;

property means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description;

rights means all rights, powers, privileges and immunities, whether actual, contingent or prospective.

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