TOBACCO INDUSTRY ACT 1955
- Reprinted as at 4 December 1965 (HISTACT2 CHAP 484 #DATE 04:12:1965)
TOBACCO INDUSTRY ACT 1955 - TABLE OF PROVISIONS
TABLE
TOBACCO INDUSTRY ACT 1955
TABLE OF PROVISIONS
Section
1. Short title
2. Definitions
3. Tobacco Industry Trust Account
4. Moneys to be paid into Trust Account
5. Application of Trust Account
6. Agreements
7. Annual report
8. Regulations
-----------------
TOBACCO INDUSTRY ACT 1955 - SECT. 1.
Short title.
SECT
therewith.
Short title amended; No. 32, 1918, s. 2.
1. This Act may be cited as the Tobacco Industry Act 1955.*
TOBACCO INDUSTRY ACT 1955 - SECT. 2.
Definitions.
SECT
2. In this Act, unless the contrary intention appears-
''the Account'' means the Tobacco Industry Trust Account established by this
Act;
''the Tobacco Advisory Committee'' means the body established under that
name by the Australian Agricultural Council.
TOBACCO INDUSTRY ACT 1955 - SECT. 3.
Tobacco Industry Trust Account.
SECT
3. (1) There shall be a Tobacco Industry Trust Account.
(2) The Account is a Trust Account for the purposes of section sixty-two A
of the Audit Act 1901-1955.
TOBACCO INDUSTRY ACT 1955 - SECT. 4.
Moneys to be paid into Trust Account.
SECT
Sub-section (1) amended by No. 87, 1965, s. 3.
4. (1) Subject to sub-section (3) of this section, there shall be paid into
the Account-
(a) amounts equal to the amounts received by the Commissioner of Taxation
under the Tobacco Charge Act (No. 1) 1955, the Tobacco Charge Act (No. 2) 1955
and the Tobacco Charge Act (No. 3) 1955;
(b) moneys appropriated by law for the purposes of the account;
(c) moneys paid by any person to the Commonwealth for the purposes of the
Account;
(d) moneys received by the Commonwealth from the sale of any land or goods
bought or produced, or from any work paid for, out of moneys standing to the
credit of the Account; and
(e) interest from the investment of moneys standing to the credit of the
Account.
(2) The Consolidated Revenue Fund is appropriated to the extent necessary
for the purpose of payment of the amounts referred to in paragraph (a) of the
last preceding sub-section.
Added by No. 87, 1965, s. 3.
(3) The total of the amounts paid into the Account in respect of amounts
received during a financial year by the Commissioner of Taxation under the
Acts referred to in paragraph (a) of sub-section (1) of this section shall not
exceed the amount by which the total of the amounts so received during that
financial year by the Commissioner of Taxation exceeds the total of the
amounts paid to the Australian Tobacco Board during that financial year out of
the Consolidated Revenue Fund.
TOBACCO INDUSTRY ACT 1955 - SECT. 5.
Application of Trust Account.
SECT
5. (1) Subject to this Act, moneys standing to the credit of the Account may
be applied for any of the following purposes:-
(a) the initiation or continuation of research or investigation in
connexion with, or for the promotion of, the tobacco industry;
(b) the training of persons in connexion with the tobacco industry;
(c) the dissemination of information and advice relating to scientific and
technical matters in connexion with the tobacco industry;
(d) the publication of scientific and technical reports, periodicals, books
and papers in connexion with the tobacco industry; and
(e) any purpose incidental to a purpose referred to in the preceding
paragraphs of this sub-section.
(2) Moneys shall not be paid out of the Account except for a purpose
specified in the last preceding sub-section, and to an extent, approved by the
Minister or by an officer authorized by the Minister to act under this
section, after taking into consideration any recommendation made by the
Tobacco Advisory Committee.
TOBACCO INDUSTRY ACT 1955 - SECT. 6.
Agreements.
SECT
6. The Minister, or an officer authorized by the Minister to act under this
section, may, on behalf of the Commonwealth, enter into such agreements as he
thinks fit for the purposes of, or in connexion with, any research,
investigation or other matter or thing to be done or performed with moneys
provided in whole or in part out of the Account.
TOBACCO INDUSTRY ACT 1955 - SECT. 7.
Annual report.
SECT
7. The Minister shall, at least once in each year, prepare and lay before
each House of the Parliament a report as to the operation of this Act during
the preceding year.
TOBACCO INDUSTRY ACT 1955 - SECT. 8.
Regulations.
SECT
8. The Governor-General may make regulations, not inconsistent with this
Act, prescribing all matters required or permitted by this Act to be
prescribed, or necessary or convenient to be prescribed for carrying out or
giving effect to this Act.
------------------------------------------------------------------------------
--
TOBACCO INDUSTRY ACT 1955 - NOTE
NOTE
1. The Tobacco Industry Act 1955 comprises the Tobacco Industry Act 1955
as amended by the other Act specified in the following table:
----------------------------------------------------------------------------
Number Date of
Act and year Date of
Assent commencement
----------------------------------------------------------------------------
Tobacco Industry Act
1955 No. 57, 1955 4 Nov 1955 2 Dec 1955
Tobacco Industry Act
1965 No. 87, 1965 4 Dec 1965 4 Dec 1965
----------------------------------------------------------------------------
|