Statutory Rules 1991 No. 2161
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Australian Wool Realisation
Commission Regulations
I, THE GOVERNOR-GENERAL of the
Commonwealth of Australia, acting with the advice of the Federal Executive
Council and under section 4 of the Acts Interpretation Act 1901, make
the following Regulations under the Australian Wool Realisation Commission
Act 1991.
Dated 27
June 1991.
BILL HAYDEN
Governor-General
By His Excellency's Command,
SIMON CREAN
Minister of State for Primary
Industries and Energy
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Citation
1.These
Regulations may be cited as the Australian Wool Realisation Commission
Regulations.
Commencement
2.These
Regulations commence on 1 July 1991.
Interpretation
3.In
these Regulations:
"the Act" means the Australian Wool Realisation Commission Act
1991.
Payments to the Commission
4.For
the purposes of subsection 25 (2) of the Act, the amount that is payable to the
Commission is an amount equal to 9% of the value of the shorn wool to which
subsection 25(2) of the Act applies.
Persons who may not be members of
the Commission
5. For
the purposes of subsection 39 (6) of the Act, a person may not be appointed as
a member of the Commission if he or she is a member of any of the following
organisations (being organisations each of which represents a sector of the
wool industry):
(a) the Wool Council of Australia;
(b) the Australian Council of Wool
Exporters;
(c) the Federal Council of Private
Treaty Wool Merchants;
(d) the National Council of Wool
Selling Brokers of Australia;
(e) the Australian Wool Processors
Council.
Transitional—refunds under section
51 of the Wool Marketing Act 1987
6. For
the purposes of subsection 82 (2) of the Act, regulations 3 to 10 (inclusive),
13, 14, 17, 18, 19, 21 and 24 of the Wool Marketing Regulations as in force
immediately before 1 July 1991 apply in relation to an amount that, immediately
before that date, was due and payable to a person or body under section 51 of
the Wool Marketing Act 1987, or in relation to the person to whom the
amount is to be paid (as the case requires), as if references in those
regulations to the Corporation were references to the Commission.
NOTE
1. Notified in
the Commonwealth of Australia Gazette on