Commonwealth of Australia

ACIS Administration Act 1999

Revocation of permission to apply for registration in the national interest

I, KIM CARR, Minister for Innovation, Industry, Science and Research, acting under subsections 20(2) and 20(5) of the ACIS Administration Act 1999 issue the following explanatory statement on the revocation of permission to apply for registration in the national interest.

Dated  16 May 2008

KIM CARR

Minister for Innovation, Industry, Science and Research

Explanatory Statement

Issued by the authority of the Minister for Innovation, Industry, Science and Research

ACIS Administration Act 1999

Revocation of permission to apply for registration in the national interest

General Outline

On 27 July 2004, under subsections 20 (2) and 20(5) of the ACIS Administration Act 1999, (the Act) Mitsubishi Motors Australia Limited (MMAL) was granted permission to be registered as a Motor Vehicle Producer (MVP) in the national interest.

MMAL ceased vehicle manufacturing activities in Australia on 28 March 2008 and consequently no longer meets the requirements for Registration in the National Interest under the ACIS Administration Act 1999.

It is therefore necessary to revoke permission for MMAL to apply for Registration in the National Interest by registering a Legislative Instrument revoking such permission on the Federal Register of Legislative Instruments.  

Legislative Authority

The revocation is issued by the Minister of Innovation, Industry, Science and Research acting under subsections 20(2) and 20(5) of the ACIS Administration Act 1999.

Consultation

Consultation for the revocation of permission to apply for registration in the national interest has been made by the Minister for Innovation, Industry, Science and Research with MMAL.

Financial Implications

The revocation has no financial implications.

Date of Effect

The revocation commences on the day after it is registered on the Federal Register of Legislative Instruments.