Fishing Industry
Research Amendment Act 1987
No. 175 of 1987
An Act to amend
the Fishing Industry Research Act 1969
[Assented to 26 December 1987]
BE
IT ENACTED by the Queen, and the Senate and the House of Representatives of the
Commonwealth of Australia, as follows:
Short
title etc.
1. (1) This Act may be cited as the Fishing Industry Research Amendment Act 1987.
(2) The Fishing Industry Research Act 19691is in this Act referred to as the
Principal Act.
Commencement
2. This Act shall come into
operation on the day on which it receives the Royal Assent.
3. Section 3 of the
Principal Act is repealed and the following section is substituted:
Interpretation
“3. In this Act:
‘fishing
industry’ has the same meaning as in the Fishing
Industry Act 1956;
‘Research
Account’ means the Fishing Industry Research Trust Account established by this
Act.”.
Repeal
of sections 4 and 5
4. Sections 4 and 5 of the
Principal Act are repealed.
Money
to be paid into Research Account
5. Section 7 of the
Principal Act is amended by omitting subsection (1).
Application
of the Research Account
6. Section 8 of the
Principal Act is amended:
(a)
by omitting from subsection (1) “Subject to the next succeeding sub-section,
moneys” and substituting “Money”; and
(b)
by omitting subsection (2).
Repeal
of sections 10 to 18 (inclusive)
7. Sections 10 to 18
(inclusive) of the Principal Act are repealed.
8. Section 19 of the
Principal Act is repealed and the following section is substituted:
Annual
report
“19. The Minister shall, as soon as
practicable after the end of each financial year:
(a)
prepare a report on the operation of this Act during the year; and
(b)
cause a copy of the report to be laid before each House of the Parliament.”.
NOTE
1. No. 80, 1969, as amended. For previous amendments, see No. 39, 1983; and No.
30, 1984.
[Minister’s second
reading speech made in—
House
of Representatives on 18 September
1987
Senate on 27 October 1987