Australian Wool Corporation Regulations Amendment (Cth)
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I, The Governor-General of the
Commonwealth of Australia, acting with the advice of the Federal Executive
Council and after taking into consideration the recommendation with respect to
the amount to be prescribed for the purposes of subsection 26 (1) of the
Dated 23 June 1992.
BILL HAYDEN
Governor-General
By His Excellency’s Command,
SIMON CREAN
Minister of State for Primary Industries and Energy
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1.1 Regulation 3 commences on 1 July 1992.
1.2 Regulations 4 and 5 commence on the
commencement of the
[NOTE: The remainder of these
Regulations commence on gazettal: see
2.1 The Australian Wool Corporation Regulations are amended as set out in these Regulations.
3.1 Omit “on 1 July in each financial year ending before 1 July 1995”, substitute “for the financial year ending on 30 June 1993”.
4.1 Omit the regulation, substitute:
Persons who may not be members of the Corporation
For the purposes of paragraph 49 (6) (b) of the Act, the prescribed organisation is the Wool Council of Australia.
For the purposes of paragraph 49 (6) (c) of the Act, the prescribed organisations are:
(a) the Australian Council of Wool Exporters; and
(b) the Federal Council of Private Treaty Wool Merchants; and
(c) the National Council of Wool Selling Brokers of Australia; and
(d) the Australian Wool Processors Council.”.
For the purposes of the definitions of ‘registered laboratory’, ‘registered sampling site’ and ‘registered showfloor’ in section 77 of the Act, the National Association of Testing Authorities, Australia is prescribed as the registration authority.”.
5.1 After regulation 7, add:
For the purposes of subsection 91 (2) of the Act, the following particulars are prescribed:
(a) the title of the legislation establishing the Corporation;
(b) the title of the Minister responsible for the Corporation;
(c) a statement of the Minister’s powers in relation to the Corporation and details of the exercise of those powers;
(d) the powers, functions and objectives of the Corporation;
(e) the membership and staff of the Corporation;
(f) audited financial statements of the Corporation;
(g) details of:
(i) subsidiaries of the Corporation; and
(ii) membership by the Corporation of any domestic or international body including partnerships and joint ventures formed for the promotion of wool and wool products; and
(iii) shares and other interests held by the Corporation in another corporation or company; and
(iv) futures trading activities undertaken by or on behalf of the Corporation; and
(v) any other investments held by the Corporation;
(h) the amount of wool tax receivable;
(i) the activities of the Corporation and any operational problems arising during the year and solutions implemented or proposed for those problems;
(j) details of the development and implementation of the Corporation’s Equal Employment Opportunity program;
(k) the Corporation’s contact point for Freedom of Information requests and a summary of Freedom of Information enquiries received.”
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1. Notified in the
Commonwealth of Australia Gazette on 30 June 1992.2. Statutory Rules 1991 No. 215 as amended by 1991 No. 470; 1992 Nos. 100, 114 and 142.
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