Cellulose Acetate Flake Bounty Act 1959

Overview

The Cellulose Acetate Flake Bounty Act 1959 was enacted to amend the Cellulose Acetate Flake Bounty Act 1956–1958. This Act, assented to on 22 May 1959 and commenced on 19 June 1959, was introduced by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia. The primary objective of this legislation was to extend the period for which bounty could be paid and to alter the limit of the annual bounty. The Act amends the definition of the year to which the Act applies, extending it from two to five succeeding years. Additionally, it repeals certain sections of the Principal Act and modifies the limit of the annual bounty, thereby providing more flexibility and support to the industry during the specified period.

Scope and Application

The Cellulose Acetate Flake Bounty Act 1959 amends the Cellulose Acetate Flake Bounty Act 1956–1958 to alter the period for which a bounty may be paid for cellulose acetate flake. The Act applies to any person or entity involved in the production or processing of cellulose acetate flake within the Commonwealth of Australia. The legislative amendment extends the period for which the bounty can be claimed from the original two succeeding years to any of the next five succeeding years, thereby offering a broader timeframe for eligible producers to receive the bounty. The Act does not specify exclusions or exemptions, but its application is inherently limited to those engaged in the specific industry of cellulose acetate flake production. The Act's provisions can be further extended or detailed through subordinate instruments, allowing for adjustments and clarifications as needed.

Key Provisions

The Cellulose Acetate Flake Bounty Act 1959, as amended, primarily seeks to extend the duration for which bounty payments are applicable for cellulose acetate flake production. Section 2 amends the definition of the "year to which this Act applies" by broadening it from two succeeding years to any of the next five succeeding years (section 3). Additionally, section 3 a of the Principal Act is repealed, which likely removes any restrictions or additional conditions that were previously attached to the bounty payment period (section 3). The limit of annual bounty, as per section 4, modifies the Principal Act by consolidating the bounty amount and removing a subsection that potentially imposed further limitations (section 8). The obligations imposed by this Act on the parties or entities it governs include ensuring compliance with the extended period for bounty payments and adhering to the new limit of annual bounty as specified. Producers of cellulose acetate flakes must ensure that their operations align with the amended definitions and provisions. Any entity claiming the bounty must provide accurate and timely documentation to substantiate their claims, ensuring that they meet the criteria set forth by the amended Act. Moreover, the Act mandates that the bounty payments be fairly distributed among eligible producers, maintaining transparency and accountability in the distribution process. In terms of offences, penalties, or consequences for breach, the Act does not explicitly detail specific penalties or sanctions within the provided text. However, in general, non-compliance with legislative requirements can lead to various civil or criminal consequences, including fines, legal action, or other corrective measures as deemed appropriate by the relevant authorities. The maximum penalties would depend on the nature and severity of the breach, and could range from monetary fines to more severe criminal penalties if the breach is found to be deliberate or fraudulent. It is important for parties involved to strictly adhere to the provisions of the Act to avoid any potential legal repercussions.