Wool Industry Act 1962

Legislation au C1962A00099 Not in force Act

Legislation content

WOOL INDUSTRY.

 

 

No. 99 of 1962.

An Act relating to the Wool Industry.

[Assented to 14th December, 1962.]

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

Part I.—Preliminary.

Short title.

1. This Act may be cited as the Wool Industry Act 1962.

Commencement.

2. Parts I., II., V. and VI. of this Act shall come into operation on such date as is fixed by Proclamation and Parts III. and IV. of this Act shall come into operation on such later date as is, or on such later dates as respectively are, fixed by Proclamation.

Parts.

3. This Act is divided into Parts, as follows:—

Part I.—Preliminary (Sections 1-6).

Part II.—The Australian Wool Board.

Division 1.—Preliminary (Section 7).

Division 2.—Establishment and Constitution of the Board (Sections 8-23).

Division 3.—Functions and Powers of the Board (Sections 24-26).

Division 4.—Staff of the Board (Sections 27-31).

Division 5.—Finances of the Board (Sections 32-37).

Part


Part III.—Wool Testing.

Division 1.—Preliminary (Sections 38-39).

Division 2.—Establishment and Constitution of the Australian Wool Testing Authority (Sections 40-51).

Division 3.—Functions and Powers of the Australian Wool Testing Authority (Sections 52-55).

Division 4.—Miscellaneous (Sections 56-61).

Part IV.—Wool Research (Sections 62-73).

Part V.—Wool Stores (Sections 74-82).

Part VI.—Miscellaneous (Sections 83-89).

Repeal and transitional.

4.—(1.) The following Acts are repealed:—

Wool Stores Act 1953;

Wool Use Promotion Act 1953;

Wool Use Promotion Act 1957;

Wool Use Promotion Act 1960.

(2.) Upon the commencement of this Part—

(a) all rights, property and assets that, immediately before the date of commencement of this Part, were vested in the Australian Wool Bureau, and all moneys and investments that, immediately before that date, constituted the Wool Use Promotion Fund, are, by force of this sub-section, vested in the Board; and

(b) the Board becomes, by force of this sub-section, liable to pay and discharge all the debts, liabilities and obligations of the Australian Wool Bureau that existed immediately before that date.

(3.) Any contract, agreement or other instrument subsisting immediately before the date of commencement of this Part to which the Australian Wool Bureau was a party has effect on and after that date as if—

(a) the Board were substituted for the Bureau as a party to the contract, agreement or other instrument; and

(b) any reference in the contract, agreement or other instrument to the Bureau were (except in relation to matters that occurred before that date) a reference to the Board.

(4.) Notwithstanding the repeal effected by sub-section (1.) of this section, the Australian Wool Bureau, as constituted immediately before the commencement of this Part, shall, for the purpose of preparing and furnishing the report referred to in the next succeeding sub-section, continue in existence until it has furnished that report.

(5.) The


(5.) The Australian Wool Bureau shall, as soon as practicable after the commencement of this Part, prepare and furnish to the Minister…

Overview

The Wool Industry Act 1962 was enacted by the Parliament of Australia to comprehensively regulate and promote the wool industry in Australia. This legislation was introduced to address the need for a cohesive framework to manage the export, marketing, and research of wool and wool products. The Act consolidates and replaces previous wool industry-related Acts, including the Wool Stores Act 1953 and various Wool Use Promotion Acts. The primary objective of the Wool Industry Act 1962 is to facilitate the export of wool from Australia, enhance interstate and international trade in wool and wool products, encourage wool production and usage within the country, and ensure the availability of wool stores for defence purposes during times of war or threat of war. The Act establishes the Australian Wool Board and the Australian Wool Testing Authority to oversee these functions, ensuring the industry operates efficiently and effectively.

Scope and Application

The Wool Industry Act 1962 applies to the Australian wool industry, governing the activities of the Australian Wool Board, the Australian Wool Testing Authority, and related entities. The Act applies to persons involved in the production, marketing, and research of wool and wool products, as well as entities such as the Australian Wool Board and the Australian Wool Testing Authority. The Act covers the Commonwealth of Australia and its territories, and it includes provisions that may extend its application through subordinate instruments. The Act does not explicitly state any exclusions, exemptions, or thresholds, but its provisions are directed towards promoting and regulating the wool industry in Australia.

Key Provisions

  • The Wool Industry Act 1962 establishes the Australian Wool Board and the Australian Wool Testing Authority, as well as outlining their functions and powers. The Board, established under Part II, is a corporate entity tasked with promoting the use of wool and wool products both domestically and internationally, investigating marketing methods, and reporting to the Australian Wool Industry Conference (Sections 8-26). The Authority, established under Part III, is responsible for testing wool and wool products, issuing certificates, and providing reports (Sections 40-55).
  • The Act imposes several obligations on the Board and the Authority, including the establishment of committees to assist in their functions, the keeping of proper accounts and records, and the provision of annual reports to the Minister (Sections 25, 60, 84). It also stipulates the appointment, removal, and remuneration of members and staff, along with their entitlements and limitations (Sections 9-21, 41-49, 73). The Board and Authority are required to insure and maintain their properties and to avoid discrimination in their services (Sections 80, 58).
  • Breaches of the Act can lead to severe consequences. Members of the Board or Authority who fail to disclose interests in contracts, become bankrupt, or neglect their duties can be removed from office (Sections 20, 22). The Authority is exempt from liability for its services, except in cases of negligence or misconduct (Section 59). Additionally, the Act provides for civil and criminal penalties, although specific penalties are not detailed within the excerpt provided.
  • Finally, the Act mandates audits by the Auditor-General, who must report on any irregularities to the Minister. The Board is also required to consult with the Australian Wool Industry Conference annually and may provide them with clerical assistance (Sections 83, 86, 87).

Legal classification tags

Area of Law
Commercial Law
Corporate Law & Governance
Environmental Law
Instrument
Act
Concepts
Commencement Provisions
Repeal & Amendment
Reporting & Disclosure Obligations
Regulatory Standards
Transitional Provisions
Enforcement Powers
Licensing & Registration

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.