Bounty (Computers) Regulations (Cth)

Bounty (Computers) Regulations

Statutory Rules 1987 No. 27 as amended

made under the

Bounty (Computers) Act 1984

This compilation was prepared on 12 January 2001

taking into account amendments up to SR 1987 No. 218

Prepared by the Office of Legislative Drafting,

Attorney-General’s Department, Canberra

Contents

    1Citation [see Note 1]

 These Regulations may be cited as the Bounty (Computers) Regulations.

2Interpretation

 In these Regulations, the Act means the Bounty (Computers) Act 1984.

3Prescribed costs

• (1)

  For the purpose of paragraph 6 (5) (z) of the Act, the following costs are prescribed:

  • (a)

    royalties;

  • (b)

    the cost of superannuation and similar schemes, other than such cost allowed by the Commissioner of Taxation for the purposes of a law of the Commonwealth relating to taxation;

  • (c)

    workers’ compensation, other than insurance premiums for such compensation;

  • (d)

    the cost to acquire, recondition or repair any used machine, components, parts or materials that form part of the equipment.

• (2)

  In this regulation, ‘royalties’ includes any amount paid or credited, however described or computed, and whether the payment or credit is periodical or not, to the extent to which it is paid or credited, as the case may be, as consideration for:

  • (a)

    the use of, or the right to use, any copyright, patent, design or model, plan, secret formula or process, trademark or other like property or right;

  • (b)

    the use of, or the right to use, any industrial, commercial or scientific equipment;

  • (c)

    the supply of scientific, technical, industrial or commercial knowledge or information;

  • (d)

    the supply of any assistance that is ancillary and subsidiary to, and is furnished as a means of enabling the application or enjoyment of, any such property or right as is mentioned in paragraph (a), any such equipment as is mentioned in paragraph (b) or any such knowledge or information as is mentioned in paragraph (c); or

  • (e)

    a total or partial forbearance in respect of:

    • (i)

      the use of, or the granting of the right to use, any such property or right as is mentioned in paragraph (a) or any such equipment as is mentioned in paragraph (b); or

    • (ii)

      the supply of any knowledge or information as is mentioned in paragraph (c) or of any such assistance as is mentioned in paragraph (d).

Notes to the Bounty (Computers) Regulations

Note 1

The Bounty (Computers) Regulations (in force under the Bounty (Computers) Act 1984) as shown in this compilation comprise Statutory Rules 1987 No. 27 amended as indicated in the Tables below.

Table of Statutory Rules

Year and number	Date of notification in Gazette	Date of commencement	Application, saving or transitional provisions
1987 No. 27	27 Feb 1987	27 Feb 1987
1987 No. 218	30 Sept 1987	1 Oct 1987	—

Table of Amendments

ad. = added or inserted  am. = amended rep. = repealed rs. = repealed and substituted
Provision affected	How affected
R. 3.........................................	am. 1987 No. 218