Crown Entities Act 2004 No 115 (as at 16 November 2009), Public Act

24 Interpretation
  • In sections 15 to 23, unless the context otherwise requires,—

    act includes a transfer of property, rights, or interests to or by a statutory entity

    do includes—

    • (a) to do an act; and

    • (b) to have a capacity; and

    • (c) to have or exercise a power, right, or privilege

    natural person act

    • (a) means an act that a natural person of full age and capacity can do (whether or not the act is something that is also authorised by an Act); and

    • (b) includes entry into a contract for, or relating to,—

      • (i) acquisition of securities or borrowing:

      • (ii) a derivative transaction:

      • (iii) the purchase, leasing, or sale of, or other dealings with, property:

      • (iv) the employment, or engagement of the services, of a person

    person dealing

    • (a) means the other party to the transaction, if the act of the statutory entity is a transaction; and

    • (b) includes a person who has acquired property, rights, or interests from a statutory entity.