Wool Research Act 1957 (Cth)
WOOL RESEARCH.
An Act to establish a Wool Research Trust Fund, and for purposes connected therewith.
[Assented to 30th May, 1957.]
BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
(2.) Upon the date of commencement of this Act—
(
a )an amount equal to the amount which, immediately before that date, stood to the credit of the Wool Industry Fund established by theWool Industry Fund Act 1946 shall be credited to the Wool Research Trust Fund established by this Act; and(
b )the investments which, immediately before that date, represented any of the moneys standing to the credit of the Wool Industry Fund shall be deemed to represent moneys standing to the credit of the Wool Research Trust Fund.
(3.) Income accrued before the
date of commencement of this Act from the investments representing moneys
standing to the credit of the Wool Industry Fund established by the
(4.) A reference in the
(5.) Where, before the date of
commencement of this Act, approval was given under section six of the
“the Committee” means the Wool Research Committee established in pursuance of section twelve of this Act;
“the Fund” means the Wool Research Trust Fund established by this Act;
“wool” means wool which has been shorn from sheep.
(2.) The Fund is a Trust Account
for the purposes of section sixty-two a of
the
(
a )amounts equal to twice the amounts of tax received by the Commissioner of Taxation by virtue of paragraph (b ) of sub-section (1.) of section six of theWool Tax Act (No. 1) 1957 and by virtue of paragraph (b ) of sub-section (1.) of section six of theWool Tax Act (No. 2) 1957;(
b ) in respect of each financial year—(i) the sum of Two shillings for each bale of wool;
(ii) the sum of One shilling for each fadge or butt of wool; and
(iii) the sum of Fourpence for each bag of wool,
in respect of which tax is paid in that financial year under the
Wool Tax Act (No. 1) 1957 or under theWool Tax Act (No. 2) 1957;(
c ) moneys paid by any person to the Commonwealth for the purposes of the Fund; and(
d ) interest from the investment of moneys standing to the credit of the Fund.
(2.) For
the purposes of paragraph (
(3.) The
Consolidated Revenue Fund is appropriated to the extent necessary for the
purposes of paragraphs (
(
a ) in securities of, or guaranteed by, the Commonwealth or a State; or(
b ) on deposit in a bank.
(2.) The Committee may make recommendations to the Treasurer with respect to the investment, in accordance with the last preceding sub-section, of moneys standing to the credit of the Fund.
(
a ) for a purpose referred to in the next succeeding section;(
b ) for the payment of fees and allowances to persons appointed by the Minister under section eleven of this Act; or(
c ) for the payment of fees, allowances or expenses payable to a member of the Committee under section fifteen of this Act,
and not otherwise.
(2.) The Minister shall not exercise his powers under the last preceding sub-section to approve the payment of moneys from the Fund for a purpose referred to in the next succeeding section unless—
(
a ) the Committee has recommended the payment; and(
b ) he has consulted with the Minister of State administering theScience and Industry Research Act 1949 with respect to the payment.
(
a ) scientific or economic research in connexion with the production or use of wool, or of goods made wholly or partly from wool;(
b ) the application of the results of research referred to in the last preceding paragraph;(
c ) the training of persons in connexion with the wool industry;(
d ) the dissemination of information and advice relating to scientific, economic and technical matters in connexion with the wool industry;(
e ) the publication of scientific and technical reports, periodicals, books and papers in connexion with any research referred to in paragraph (a ) of this section; and(
f ) any purpose incidental to a matter referred to in the preceding paragraphs of this section.
(2.) A person appointed under the last preceding sub-section shall be paid such fees and allowances as the Minister determines.
(
a ) the Chairman of the Australian Wool Bureau established by theWool Use Promotion Act 1953;(
b ) one member to represent the Department of Primary Industry;(
c ) two members to represent the organization known as the Australian Woolgrowers’ Council;(
d ) two members to represent the organization known as the Australian Wool and Meat Producers’ Federation;(
e ) one member to represent the organization known as The Associated Woollen and Worsted Textile Manufacturers of Australia;(
f ) one member to represent such Universities in Australia as engage in research related to the wool industry; and(
g ) one member to represent the Commonwealth Scientific and Industrial Research Organization.
(2.) The members of the Committee
specified in paragraphs (
(3.) A member to represent an
organization referred to in paragraph (
(4.) A member to represent the
Universities referred to in paragraph (
(5.) Where an organization, or the Universities, upon the nomination of which a person was appointed to be a member of the Committee requests the Minister to do so, the Minister shall terminate the appointment of that person as such a member.
(6.) The appointment of a member of the Committee is not invalidated and shall not be called in question by reason of a defect or irregularity in connexion with his nomination.
(7.) The exercise of a power or the performance of a function by the Committee is not invalidated by reason only of there being a vacancy in the membership of the Committee.
(2.) At a meeting of the Committee at which the Chairman is not present the members present shall elect one of their number to act as chairman at that meeting.
(
a ) six members form a quorum;(
b ) the Chairman, or, in his absence, the member elected by the members present to act as chairman, shall preside;(
c ) all questions shall be decided by a majority of votes of the members present and voting; and(
d )the Chairman, or other member presiding, has a deliberative vote and, in the event of an equality of votes, also has a casting vote.
(2.) If a member of the Committee is also a member of the Parliament of the Commonwealth or of a State, he shall not be paid fees and allowances under the last preceding sub-section, but shall be reimbursed such expenses as he reasonably incurs by reason of his attendance at meetings of the Committee or of his engagement (whether in Australia or overseas), with the approval of the Committee, on business of the Committee.
0
0
0