Canned Fruit (Sales Promotion) Amendment Act 1979 (Cth)
An
Act to amend the
BE IT ENACTED by the Queen, and the Senate and House of Representatives of the Commonwealth of Australia, as follows:
(2)
The
(2) Sections 3, 4, 5 and 8 shall come into operation on 1 January 1980.
“18.
(1) It is hereby declared that the Committee is a public authority to which
Division 3 of Part XI of the
“(2)
In the application to and in relation to the Committee of Division 3 of Part XI
of the
‘(1) The authority shall, by 30 June in the year 1980 and in each succeeding year, prepare and submit to the appropriate Minister a report of its operations during the year that ended on the preceding 31 December, together with financial statements in respect of that year in such form as the Minister administering this Act approves.’.
“19. (1) Subject to sub-section (2), the moneys of the Committee may be applied only—
(a) in payment or discharge of the expenses, charges, obligations and liabilities incurred or undertaken by the Committee in or in connection with the performance of its function, or the exercise of its powers, under this Act;
(b) in payment of any remuneration or allowances, or reimbursement of expenses, payable under this Act; and
(c) in making any other payments that the Committee is authorized or required to make under this Act.
“(2) Moneys of the Committee not immediately required for the purposes of the Committee may be invested—
(a) in securities of, or guaranteed by, the Commonwealth or a State;
(b) on deposit with an approved bank; or
(c) in any other manner approved by the Treasurer.
“(3) In this section, ‘approved bank’ means a
trading bank as defined in sub-section 5 (1) of the
“20. (1) The Committee is subject to taxation (other than income tax) under the laws of the Commonwealth.
“(2) Subject to sub-section (3), the Committee is not subject to taxation under a law of a State or Territory.
“(3) The regulations may provide that sub-section (2) does not apply in relation to taxation under a specified law.”.
(2) A person who, immediately before the commencement of this section, was the deputy of a member of the Australian Canned Fruit Sales Promotion Committee referred to in paragraph 6(1)(b) of the Principal Act continues, after the commencement of this section, to be the deputy of that member notwithstanding the amendment made by section 3.
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