Commonwealth Numbered Acts

AUSTRALIAN NUCLEAR SCIENCE AND TECHNOLOGY ORGANISATION ACT 1987 No. 3 of 1987 - SECT 3

3. (1) In this Act, unless the contrary intention appears-

"appoint" includes re-appoint;

"appointed member" means a member of the Board other than the Executive
Director;

"Board" means the Board of Directors of the Organisation;

"Chairperson" means Chairperson of the Board;

"commencing day" means the day of commencement of this Act;

"Deputy Chairperson" means Deputy Chairperson of the Board;

"employee" means an employee referred to in sub-section 24 (1);

"Executive Director" means the Executive Director of the Organisation;

"member of the staff of the Organisation" means-

   (a)  the Executive Director; or

   (b)  an officer or employee;

"non-staff member" means a member of the Board who is not a member of the
staff of the Organisation;

"officer" means an officer referred to in sub-section 24 (1);

"Organisation" means the Australian Nuclear Science and Technology
Organisation constituted under this Act;

"securities" includes stocks, debentures, debenture stocks, notes, bonds,
promissory notes, bills of exchange and similar instruments or documents;

"share", in relation to a company, means a share in the capital of the company
and includes stock.

(2) The question whether a company is a subsidiary of the Organisation shall
be determined in the same manner as the question whether a corporation is a
subsidiary of another corporation is determined for the purposes of the
Companies Act 1981.

(3) A reference in this Act to dealing with securities includes a reference
to-

   (a)  creating, executing, entering into, drawing, making, accepting,
        indorsing, issuing, discounting, selling, purchasing or reselling
        securities;

   (b)  creating, selling, purchasing or reselling rights or options in
        respect of securities; and

   (c)  entering into agreements or other arrangements relating to securities.