Wool Research and Development Corporation Regulations (Amendment) (Cth)

Statutory Rules 1991 No. 2271

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Wool Research and Development Corporation Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Primary Industries and Energy Research and Development Act 1989.

Dated 25 July 1991.

BILL HAYDEN

Governor-General

By His Excellency’s Command,

SIMON CREAN

Minister of State for Primary Industries and Energy

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1. Commencement

1.1 These Regulations are taken to have commenced on 1 July 1991.

2. Amendment

2.1 The Wool Research and Development Corporation Regulations are amended as set out in these Regulations.

 

3. Regulation 3 (Interpretation)

3.1 Insert the following definitions:

“‘carpet wool’ has the same meaning as in the Wool Tax (Administration) Act 1964;

‘Wool Corporation’ has the same meaning as it had in the Wool Marketing Act 1987 immediately before that Act was repealed;”.

4. Regulation 6 (Substitution for Research Council)

4.1 Omit the regulation, substitute:

Percentage of sale value payable to the Research Corporation

“6. For the purposes of subsection 30b (3) of the Act, the following percentages are applicable:

(a) in relation to the sale value of shorn wool (other than carpet wool)—0.5%;

(b) in relation to the sale value of carpet wool—0.5%.”.

5. New regulation 7

5.1 After regulation 6, insert:

Transitional—substitution for Wool Corporation

“7. For the purposes of section 147a of the Act, the Research Corporation is substituted as a party for the Wool Corporation in respect of any agreements or instruments relating to research and development to which the Wool Corporation was a party immediately before the repeal of the Wool Marketing Act 1987.”.

6.New regulation 8

6.1 After regulation 7, insert:

Transitional—5 year plan

“8. The 5 year research and development plan that was in force immediately before the repeal of the Wool Marketing Act 1987, continues in force until changes are made (or a new plan prepared) by the Research Corporation and approved by the Minister.”.

 

7. New regulation 9

7.1 After regulation 8, insert:

Transitional—annual program

“9. The annual research and development program prepared by the Research Council and approved by the Minister for the financial year beginning on 1 July 1991 applies to that year as if it had been made by the Research Corporation under section 25 of the Act.”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 26 My 1991.

2. Statutory Rules 1991 No. 178.