Cellulose Acetate Flake Bounty Act 1966

Legislation au C1966A00080 Not in force Act

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Cellulose Acetate Flake Bounty

No. 80 of 1966

An Act to amend the Cellulose Acetate Flake Bounty Act 19561965.

[Assented to 29 October 1966]

BE it enacted by the Queens Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Cellulose Acetate Flake Bounty Act 1966.

(2.) The Cellulose Acetate Flake Bounty Act 19561965 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the Cellulose Acetate Flake Bounty Act 19561966.

Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.

Definitions.

3. Section 3 of the Principal Act is amended—

(a) by omitting from paragraph (d) of the definition of period to which this Act applies the word or; and

(b) by omitting paragraph (e) of that definition and inserting in its stead the following paragraphs:—

(e) any of the three years next succeeding the year referred to in the last preceding paragraph; or


(f) the period commencing on the nineteenth day of March, One thousand nine hundred and sixty-nine and ending on the thirty-first day of December, One thousand nine hundred and sixty-nine;.

Rate of bounty.

4. Section 7 of the Principal Act is amended—

(a) by omitting from paragraph (a) the word or; and

(b) by omitting paragraph (b) and inserting in its stead the following paragraphs:—

(b) in respect of cellulose acetate flake sold on or after that date but before the fourteenth day of February, One thousand nine hundred and sixty-six—Sixpence per pound; or

(c) in respect of cellulose acetate flake sold on or after the fourteenth day of February, One thousand nine hundred and sixty-six—Five cents per pound..

Limit of bounty.

5. Section 8 of the Principal Act is amended—

(a) by omitting from paragraph (c) of sub-section (1.) the words One hundred and twelve thousand pounds and inserting in their stead the words Two hundred and twenty-four thousand dollars;

(b) by omitting from paragraph (d) of sub-section (1.) the words One hundred and twelve thousand pounds; and and inserting in their stead the words Two hundred and twenty-four thousand dollars;; and

(c) by omitting paragraph (e) of sub-section (1.) and inserting in its stead the following paragraphs:—

(e) in respect of cellulose acetate flake sold during the period to which this Act applies that commences on the nineteenth day of March, One thousand nine hundred and sixty-seven—is Two hundred and twenty-four thousand dollars;

(f) in respect of cellulose acetate flake sold during the period to which this Act applies that commences on the nineteenth day of March, One thousand nine hundred and sixty-eight—is Two hundred and twenty-four thousand dollars; and

(g) in respect of cellulose acetate flake sold during the period to which this Act applies that commences on the nineteenth day of March, One thousand nine hundred and sixty-nine—is One hundred and seventy-six thousand seven hundred dollars..


Stocktaking and inspection of production and accounts.

6. Section 12 of the Principal Act is amended by omitting from sub-section (2.) the words Fifty pounds and inserting in their stead the words One hundred dollars.

Penalty for refusing to answer questions, &c.

7. Section 15 of the Principal Act is amended by omitting the words Fifty pounds and inserting in their stead the words One hundred dollars.

Offences.

8. Section 18 of the Principal Act is amended by omitting from sub-section (1.) the words Five hundred pounds and inserting in their stead the words One thousand dollars.

Regulations.

9. Section 20 of the Principal Act is amended by omitting from paragraph (c) the words Fifty pounds and inserting in their stead the words One hundred dollars.

 

Overview

The Cellulose Acetate Flake Bounty Act 1966 was enacted by the Commonwealth Parliament of Australia to amend the Cellulose Acetate Flake Bounty Act 1956–1965. This legislation was introduced to address the need for adjustments in the bounty rates, limits, and related financial parameters for cellulose acetate flake sold during specific periods. The policy objective appears to be to provide a revised framework that better reflects economic conditions or production costs, thereby supporting the industry while ensuring fiscal responsibility. The Act updates the bounty rates, modifies the financial thresholds, and aligns penalties and inspection fees with contemporary economic standards.

Scope and Application

The Cellulose Acetate Flake Bounty Act 1966 amends the Cellulose Acetate Flake Bounty Act 1956–1965, extending its application to new periods and modifying certain financial thresholds and rates. This legislation applies to entities and individuals involved in the sale of cellulose acetate flake within Australia. The amended Act adjusts the bounty rates and limits for specific periods, from March 19, 1967, to December 31, 1969, as well as the penalty amounts for offences related to non-compliance with the Act. This includes fines for refusals to answer questions and inspections. The Act applies across the Commonwealth of Australia and does not specify exclusions or exemptions within its text, but it allows for further regulation through subordinate instruments, which may provide additional clarification or detail on its application.

Key Provisions

The Cellulose Acetate Flake Bounty Act 1966 introduces amendments to the Cellulose Acetate Flake Bounty Act 1956–1965, focusing primarily on updating the rate of bounty, limit of bounty, and various monetary penalties. Section 1 of the Act establishes the short title and citation of the amended legislation, while Section 2 specifies the commencement date as the day the Act receives Royal Assent. The definitions in Section 3 clarify the period to which the Act applies, extending the scope to include specific periods up until December 31, 1969. The rate of bounty is updated in Section 4, changing the bounty rate to five cents per pound for cellulose acetate flake sold after February 14, 1966. Section 5 adjusts the limit of bounty for different periods, increasing the maximum bounty amounts to up to $224,000 and setting a specific limit of $176,700 for the period commencing on March 19, 1969. The Act imposes obligations on parties involved in the production and sale of cellulose acetate flake, including adherence to the new rates and limits outlined in Sections 4 and 5. Producers must ensure compliance with the updated bounty rates and limits for the specified periods. Additionally, Section 6 mandates that stocktaking and inspections of production and accounts be conducted, with a penalty of one hundred dollars for non-compliance. The Act also requires that questions related to production and sales be answered truthfully, with a penalty of one hundred dollars for refusal to comply (Section 7). Furthermore, Section 8 sets forth offences related to non-compliance with the Act, with a maximum penalty of one thousand dollars. In terms of penalties and consequences, Section 7 imposes a penalty of one hundred dollars for refusing to answer questions or obstructing inspections. Section 8 specifies that offences under the Act carry a maximum penalty of one thousand dollars. Additionally, Section 9 adjusts the penalty for non-compliance with regulations to one hundred dollars. These provisions ensure that parties subject to the Act maintain high standards of compliance and accountability.

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.