Public Transport Authority Act 2003

In this Division, unless the contrary intention appears —

asset means property of any kind belonging, immediately before the commencement time, to a former body, whether tangible, intangible, real, or personal and, without limiting that meaning, includes —

whether arising from, accruing under, created or evidenced by or the subject of, an instrument or otherwise and whether liquidated or unliquidated, actual, contingent or prospective;

commencement time means the time when this Division comes into operation;

former body means the Minister for Western Australian Government Railways or The Western Australian Government Railways Commission;

liability means any liability, duty or obligation that, immediately before the commencement time, a former body had —

Minister for Western Australian Government Railways means the former body corporate named Minister for Western Australian Government Railways established under the Government Railways Act 1904 section 4;

right means any right, power, privilege or immunity that, immediately before the commencement time, a former body had whether actual, contingent or prospective;

The Western Australian Government Railways Commission means the former body corporate named The Western Australian Government Railways Commission constituted under the Government Railways Act 1904 section 8.