TT-Line Arrangements Act 1993 (Tas)

TT-Line Arrangements Act 1993

An Act to enable the establishment of a company under the Corporations Law in relation to the provision of a shipping service to and from Tasmania, to make provision in respect of certain financial matters relating to the provision of that shipping service, to amend consequentially certain Acts and for related purposes [Royal Assent 13 August 1993]

Be it enacted by His Excellency the Governor of Tasmania, by and with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:

PART 1 - Preliminary

1. Short title This Act may be cited as the TT-Line Arrangements Act 1993 .

2. Commencement The provisions of this Act commence on a day or days to be proclaimed.

3. Interpretation In this Act, unless the contrary intention appears – articles means articles of association; 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; 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 – (a) 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 (b) immediately before the incorporation day was in receipt of a pension paid – (i) under Division 3 or 4 of Part V of the Retirement Benefits Act 1982 ; and (ii) 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; transferred (RBF) TT-Line employee means a person who – (a) immediately before the incorporation day was a contributor; and (b) 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 (c) has not ceased to be employed by the Company; transferred (SAF) TT-Line employee means a person who – (a) immediately before the incorporation day was an employee eligible to receive benefits under the SAF Agreement; and (b) 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 (c) has not ceased to be employed by the Company; and (d) is not a transferred (RBF) TT-Line employee; Transport Commission means the Transport Commission incorporated under the Transport Act 1981 ; 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).