In this Act, unless the context otherwise requires,—
appointed time means the commencement of 1 April 1988
the Company means General Finance Limited
debenture trust deed means the debenture trust deed dated 10 September 1981 as modified by a deed of modification dated 26 September 1986, the parties to which are the Company, the Part 1 subsidiary companies, certain other subsidiaries of the Company (being subsidiaries to which this Act does not apply), and The Trustees Executors and Agency Company of New Zealand Limited
land has the meaning assigned to it in section 2 of the Land Transfer Act 1952
liabilities means liabilities, debts, charges, duties, and obligations of every description (whether present or future, actual or contingent, and whether payable or to be observed or performed in New Zealand or elsewhere)
Part 1 subsidiary company means a subsidiary company specified in Part 1 of the Schedule
property means property of every kind whether tangible or intangible, real or personal, corporeal or incorporeal and, without limiting the generality of the foregoing, includes—
(c) rights, interests, and claims of every kind in or to property, 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
rights means all rights, powers, privileges, and immunities, whether actual, contingent, or prospective
security means a mortgage, submortgage, charge (whether legal or equitable), debenture, bill of exchange, promissory note, guarantee, indemnity, defeasance, hypothecation, instrument by way of security, lien, pledge, or other security for the payment of money or for the discharge of any other obligation or liability; and in any case whether upon demand or otherwise, whether present or future, and whether actual or contingent; and includes an acknowledgement of debt (whether or not otherwise secured) and an agreement or undertaking to give or execute whether upon demand or otherwise any of the foregoing
subsidiary company means any company specified in the Schedule
undertaking, in relation to any subsidiary company, means the property, rights, and liabilities of the subsidiary company.