AustLII Tasmanian Numbered Acts

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TRUSTEE COMPANIES (MERGER) ACT 2001 (NO. 84 OF 2001) - SECT 3

Interpretation

In this Act, unless the contrary intention appears –
arrangement means the arrangement for merger referred to in paragraph (c) of the Preamble to this Act;
common fund means a fund established and kept by one of the trustee companies under section 18C of the Trustee Companies Act 1953 and specified in Schedule 1 ;
managed investment scheme has the meaning given to that term in the Corporations Act;
merger date means the date on which an order of the Supreme Court under section 413 of the Corporations Act approving the arrangement for the merger takes effect;
merging company means Tasmanian Perpetual Trustees Limited (ACN 009 475 629);
property means –
(a) any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property; or
(b) money, documents and securities; or
(c) any other rights;
responsible entity has the meaning given to that term in the Corporations Act;
right includes any right, power, privilege and immunity whether actual, contingent or prospective;
trust estate includes all property committed to the administration or management of either of the trustee companies unless the property is subject to a managed investment scheme under the Corporations Act;
trustee companies means Perpetual Trustees Tasmania Limited (ACN 009 475 610) and Tasmanian Trustees Limited (ACN 009 475 629).



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