EXPLANATORY STATEMENT
Statutory Rules 1989 No. 35
Issued by Authority of the Minister for Community Services and Health
Commonwealth Serum Laboratories Act 1961
Commonwealth Serum Laboratories Regulations
(Amendment)
Section 45 of the Commonwealth Serum Laboratories Act 1961 (the Act) provides that the Governor-General may make regulations, not inconsistent with the Act, prescribing all matters required or permitted by the Act to be prescribed, or necessary or convenient to be prescribed for carrying out or giving effect to this Act.
Subsection 20(2) of the Act provides that the Commonwealth Serum Laboratories Commission shall not, except with the approval of the Minister -
(a) enter into a contract involving the purchase or sale of pharmaceutical products where the consideration under the contract would exceed $500,000 or such higher amount as is prescribed; or
(b) enter into a contract, other than a contract referred to in paragraph (a), where the consideration would exceed $250,000 or such greater amount as is prescribed.
Regulations prescribing such higher amounts for the purposes of subsection 20(2) of the Act have been made on several occasions.
Subregulations 5(1) and (2) of the Commonwealth Serum Laboratories Regulations previously prescribed amounts of $2,000,000 and $1,000,000 for paragraph 20(2)(a) and 20(2)(b) of the Act respectively.
This Regulation prescribes the following new limits:
(a) in respect of paragraph 20(2)(a) of the Act $3,000,000;
(b) in respect of paragraph 20(2)(b) of the Act $3,000,000