Phosphate Fertilizers Bounty Act 1968 (Cth)

Phosphate Fertilizers Bounty

No. 86 of 1968

An Act to amend the Phosphate Fertilizers Bounty Act 1963–1966.

[Assented to 21 November 1968]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Phosphate Fertilizers Bounty Act 1968.

(2.) The Phosphate Fertilizers Bounty Act 1963–1966 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the Phosphate Fertilizers Bounty Act 1963–1968.

Commencement.

2.This Act shall be deemed to have come into operation on the fourteenth day of August, One thousand nine hundred and sixty-eight.

Specification of bounty.

3.Section 4 of the Principal Act is amended by omitting from paragraph (a) the words “sixty-nine” and inserting in their stead the words “seventy-one”.

4.After section 4 of the Principal Act the following section is inserted:—

Trace elements, compounds and substances deemed to be superphosphate.

“4a.—(1.) The regulations may specify—

(a) a trace element;

(b) a compound of a trace element; or

(c) a substance that contains not less than a specified proportion of a trace element or of a compound of a trace element,

to be a trace element, a compound or a substance in relation to which this section applies.

“(2.) Where a trace element, a compound or a substance in relation to which this section applies has been added to superphosphate in respect of which bounty is claimed, the trace element, compound or substance so added shall be deemed to be superphosphate having the same phosphorus pentoxide content as the superphosphate to which it has been added and bounty is payable accordingly.”.

 

Rate of bounty in respect of superphosphate.

5.Section 8 of the Principal Act is amended—

(a) by omitting from sub-section (1.) the words “Six dollars” and inserting in their stead the words “Eight dollars”;

(b)by omitting from sub-section (2.) the words “Thirty dollars” and inserting in their stead the words “Forty dollars”; and

(c) by omitting from sub-section (3.) the words “Six dollars” and inserting in their stead the words “Eight dollars”.

Rate of bounty in respect of ammonium phosphate.

6.