Industries Assistance Commission Regulations (Amendment)

Overview

Statutory Rules 1974 No. 72, made under the Industries Assistance Commission Act 1973, was enacted to address administrative and financial aspects of the Industries Assistance Commission, which was established to provide advice on economic and industrial matters to the Commonwealth Government. The enacting body was the Governor-General of Australia, acting on advice from the Executive Council. The regulations aim to ensure the proper remuneration of the Commission’s officials, reflecting the importance of their roles in providing expert advice and support to the government. The policy objective is to establish clear and fair compensation frameworks for the Chairman, Commissioners, and Associate Commissioners of the Industries Assistance Commission, facilitating their effective functioning within the government’s economic advisory structure.

Scope and Application

The Industries Assistance Commission Regulations 1974, made under the Industries Assistance Commission Act 1973, apply to the remuneration and annual allowance of the Chairman, Commissioners, and Associate Commissioners of the Industries Assistance Commission. These regulations are applicable to specific individuals appointed to these positions, particularly addressing the remuneration of an Associate Commissioner appointed on or after 3 May 1974. The regulations set the remuneration rate for this particular Associate Commissioner at $125 per day for the period starting on or after 3 May 1974 and before 1 July 1974. This regulation is part of a broader legislative framework and is subject to amendment through subordinate instruments, thereby extending or restricting its application as necessary. The scope of the regulations is limited to the financial remuneration of the specified officials within the Commission, and it does not extend to other areas of their employment conditions or the broader operations of the Commission.

Key Provisions

The main operative sections of the Statutory Rules 1974 No. 72 amend the Industries Assistance Commission Regulations by introducing a new definition and modifying the remuneration provisions for the Chairman, Commissioners, and Associate Commissioners of the Industries Assistance Commission. Regulation 1a defines "the Act" to mean the Industries Assistance Commission Act 1973, thereby clarifying the legislative framework under which these regulations operate (Reg 1a). Regulation 2 modifies the remuneration provisions by inserting a new subsection 2a, which specifies a rate of $125 per day for the Associate Commissioner appointed on 3 May 1974, for duties performed between 3 May 1974 and 1 July 1974 (Reg 2, 2a). The obligations imposed by these regulations include adherence to the newly defined remuneration rates for the Associate Commissioner during the specified period. The Chairman, Commissioners, and Associate Commissioners must ensure that they comply with the set remuneration rates as outlined in the amended regulations. This includes maintaining accurate records of duty days and corresponding remuneration claims for the Associate Commissioner appointed on 3 May 1974. Failure to comply with these regulations could result in legal consequences, although the specific nature of these consequences is not explicitly detailed within the provided text. However, under the overarching authority of the Industries Assistance Commission Act 1973, non-compliance could potentially lead to administrative penalties or other enforcement actions as deemed appropriate by the Commission or relevant authorities. The precise penalties would depend on the nature and extent of the breach, and could involve civil or administrative sanctions. The maximum penalties, if applicable, are not specified within the text of these regulations but would be determined according to the broader provisions of the Industries Assistance Commission Act 1973.