82. Interpretation of this Part

In this Part, unless the context otherwise requires —“agreement” includes an arrangement and an undertaking;“asset”, in relation to a transferor, means property of any kind (whether tangible or intangible, whether arising from, accruing under, created or evidenced by or the subject of, an instrument or otherwise and whether actual or contingent) of that transferor on the eve of the transfer date and includes, without limitation, any —

legal or equitable interest in real or personal property, whether situated in or outside Singapore;

chose in action;

money or securities;

plant and equipment, whether situated in or outside Singapore;

intellectual property;

infrastructure, whether situated in or outside Singapore; and

right;“Info-communications Development Authority of Singapore” means the Info‑communications Development Authority of Singapore established by section 3 of the Info‑communications Development Authority of Singapore Act (Cap. 137A, 2000 Revised Edition);“liability”, in relation to a transferor, means any liability, debt or obligation (whether actual or contingent, liquidated or unliquidated, and whether owed alone or jointly, or jointly and severally, with any other person) of that transferor on the eve of the transfer date;“MDA employee”, means an individual who, on the eve of the transfer date, is an employee of the Media Development Authority of Singapore;“Media Development Authority of Singapore” means the Media Development Authority of Singapore established by section 3 of the Media Development Authority of Singapore Act (Cap. 172, 2003 Revised Edition);“Personal Data Protection Commission” means the Personal Data Protection Commission established by section 5(1) of the Personal Data Protection Act 2012 in force immediately before the transfer date;“records”, in relation to a transferor, means registers, papers, documents, minutes, receipts, books of account and other records, however compiled, recorded or stored, of that transferor existing on the eve of the transfer date;“right”, in relation to a transferor, means any right, power, privilege or immunity of that transferor on the eve of the transfer date;“transfer date” means 1 October 2016;“transferor” means —

the Info‑communications Development Authority of Singapore;

the Media Development Authority of Singapore; or

the Personal Data Protection Commission;“transferring IDA employee” means an employee of the Info‑communications Development Authority of Singapore who, on the eve of the transfer date, is in the Info‑communications Media Development Authority Designate Wing of the Info‑communications Development Authority of Singapore;“transferring IDA function” means the functions discharged by the Info‑communications Media Development Authority Designate Wing of the Info‑communications Development Authority of Singapore on the eve of the transfer date.