Wheat Industry (War-time Control) Act 1944 (Cth)

WHEAT INDUSTRY (WAR-TIME CONTROL).

 

No. 19 of 1944.

An Act to amend the Wheat Industry (War-time Control) Act 1939–1940.

[Assented to 6th April, 1944.]

[Date of commencement, 4th May, 1944.]

BE it enacted by the King’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 Wheat Industry (War-time Control) Act 1944.

(2.) The Wheat Industry (War-time Control) Act 1939–1940 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the Wheat Industry (War-time Control) Act 1939–1944.

Definitions.

2.Section three of the Principal Act is amended—

(a) by omitting from the definition of “the Special Account” the words “the Fund” and inserting in their stead the words “the Wheat Industry Stabilization Fund”;

(b) by omitting the definition of “the Wheat Industry (War-time) Stabilization Fund”; and

(c) by omitting from the definition of “the Wheat Tax Account” the words “the fund” and inserting in their stead the words “the Wheat Industry Stabilization Fund”.

Use of moneys in Wheat Industry Stabilization Fund.

3.Section six of the Principal Act is amended by omitting the words “or, if and when those advances have been fully repaid, shall be paid into the Wheat Industry (War-time) Stabilization Fund”.

4.Sections seven and seven a of the Principal Act are repealed and the following section is inserted in their stead:—

Operation of Wheat Industry Assistance Act 1938.

“7. Notwithstanding anything contained in this Act. if and when any such advances made by the Commonwealth Bank have been fully repaid, the provisions of the Wheat Industry Assistance Act 1938,

the operation of which is suspended by section four of this Act, shall again come into operation and shall continue in operation as if this Act had not been passed until such time as any further such advances are made by the Commonwealth Bank.”.