EXPLANATORY STATEMENT
STATUTORY RULES 1982 No.177
Issued by the Authority of the Minister for
Primary Industry.
CANNED FRUITS MARKETING REGULATIONS (AMENDMENT)
The Canned Fruits Marketing Act 1979 and related Acts provide for a marketing scheme for certain canned deciduous fruits and the establishment of the Australian Canned Fruits Corporation.
Section 54 of the Canned Fruits Marketing Act empowers the Governor-General to make regulations under the Act.
Regulation 8 of the Canned Fruits Marketing Regulations specifies those persons who may sign cheques on behalf of the Australian Canned Fruits Corporation.
The Corporation has recommended that this Regulation be repealed to enable it to use its existing discretionary powers under Section 10 of the Act to determine its own cheque signatories from time to time as appropriate.
The Regulation gives effect to the Corporation’s recommendation by repealing Regulation 8.
Overview
The Canned Fruits Marketing Regulations (Amendment) 2004 were enacted to address a procedural gap within the existing legislative framework for the marketing of canned fruits in Australia. This amendment was issued under the authority of the Minister for Primary Industry and aligns with the overarching objectives of the Canned Fruits Marketing Act 1979. The original act, alongside related legislation, established a marketing scheme for certain canned deciduous fruits and provided for the establishment of the Australian Canned Fruits Corporation. By empowering the Governor-General to make regulations under the Act, the 1979 Act facilitated the development of specific rules governing the operations of the Corporation. The 2004 amendment, particularly through the repeal of Regulation 8, allows the Corporation greater flexibility in managing its financial operations by enabling it to determine its cheque signatories as needed, thus responding to the Corporation’s recommendation for streamlined governance.
Scope and Application
The Canned Fruits Marketing Regulations (Amendment) Statutory Rules 1982, issued under the authority of the Minister for Primary Industry, pertain specifically to the amendment of the Canned Fruits Marketing Regulations in relation to the Canned Fruits Marketing Act 1979. This Act and associated legislation facilitate a marketing scheme for certain canned deciduous fruits and the formation of the Australian Canned Fruits Corporation. The regulations focus on the administrative processes within the Corporation, particularly in relation to cheque signatories. The amendment repeals Regulation 8, which previously specified the persons authorised to sign cheques on behalf of the Corporation, thus granting the Corporation the flexibility to manage its cheque signatories using its existing discretionary powers under Section 10 of the Act. This change allows the Corporation to adapt its cheque signatories as necessary, reflecting its operational needs and circumstances. The scope of these regulations is limited to the internal administrative processes of the Australian Canned Fruits Corporation, without extending to broader industries or external stakeholders.
Key Provisions
The Canned Fruits Marketing Regulations (Amendment) primarily involve a modification to Regulation 8 of the original Canned Fruits Marketing Regulations, which previously specified individuals authorised to sign cheques on behalf of the Australian Canned Fruits Corporation (section 1). This amendment, pursuant to Section 54 of the Canned Fruits Marketing Act 1979, responds to the Corporation's recommendation to repeal Regulation 8 to allow for greater flexibility in determining cheque signatories. This change enables the Corporation to utilise its existing discretionary powers under Section 10 of the Act to appoint cheque signatories as necessary.
Under the amended regulations, the Australian Canned Fruits Corporation is no longer bound by the previous specific list of authorised cheque signatories. Instead, it is now empowered to determine, on an ongoing basis, who may sign cheques on its behalf. This shift places the responsibility of selecting cheque signatories directly with the Corporation, allowing it to adapt its internal processes and requirements as they evolve over time. The Corporation must ensure that any individuals it designates as cheque signatories are adequately authorised and that internal controls are in place to manage cheque-signing activities effectively.
The Corporation must also ensure compliance with any internal policies it adopts for cheque signatories and maintain proper records of all cheque signatories and their respective authorisations. This includes documenting any changes in cheque signatories to reflect the Corporation's current practices. By repealing Regulation 8, the Corporation gains the flexibility to respond more swiftly to operational needs and changes within the organisation without requiring legislative amendments.
Failure to comply with the Corporation's internal policies regarding cheque signatories could lead to unauthorised financial transactions and potential financial losses. Although the amending regulations themselves do not specify explicit penalties, breaches of internal policies could result in disciplinary actions against the individuals involved. Additionally, any financial mismanagement or losses resulting from unauthorised cheque signings could be subject to civil or criminal liability under other applicable laws, including potential penalties for fraud or misconduct.