Financial Framework (Supplementary Powers) Amendment (Agriculture and Water Resources Measures No. 3) Regulation 2016 (Cth)

Financial Framework (Supplementary Powers) Amendment (Agriculture and Water Resources Measures No. 3) Regulation 2016

I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation.

Dated 28 September 2016

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Mathias Cormann

Minister for Finance

Contents

1Name

This is the Financial Framework (Supplementary Powers) Amendment (Agriculture and Water Resources Measures No. 3) Regulation 2016.

2Commencement

1. (1)

   Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1	Column 2	Column 3
Provisions	Commencement	Date/Details
1. The whole of this instrument	The day after this instrument is registered.	5 October 2016

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

1. (2)

   Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3Authority

This instrument is made under the Financial Framework (Supplementary Powers) Act 1997.

4Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Financial Framework (Supplementary Powers) Regulations 1997

1. 1

   In the appropriate position in Part 4 of Schedule 1AB (table)

Insert:

171	Sustainable Rural Water Use and Infrastructure Program	To support activities relating to the implementation of the Basin Plan 2012 by funding: (a) the recovery of environmental water from the Basin water resources through the funding of irrigation infrastructure programs and the purchase of water access entitlements to implement long‑term average sustainable diversion limits; and (b) measures to protect and restore environmental assets of the Murray‑Darling Basin, or to assist in achieving the Basin Plan environmental outcomes relating to ecosystem function, biodiversity, water quality and salinity and water resource health; and (c) the compilation and online publication of information relating to the market price of water entitlements in the Murray‑Darling Basin. This objective also has the effect it would have if it were limited to: (a) making grants of financial assistance to States and Territories; or (b) funding activities done for the collection, compilation, analysis and dissemination of statistics and related information; or (c) funding activities done to give effect to Australia’s obligations under the international treaties referred to in the definition of relevant international agreement in subsection 4(1) of the Water Act 2007.
172	Dairy Australia—Tactics for Tight Times	To provide funding to Dairy Australia Limited for the provision of information, services and activities to assist dairy farmers in dealing with challenging conditions in the dairy market. This objective also has the effect it would have if it were limited to providing assistance: (a) for activities relating to trade and commerce with other countries, or among the States and Territories; or (b) in or in relation to a Territory; or (c) to meet Australia’s international obligations under the International Covenant on Economic, Social and Cultural Rights, particularly Article 11; or (d) for measures that are peculiarly adapted to the government of a nation and cannot otherwise be carried on for the benefit of the nation; or (e) through the delivery of information and services online.