Iron and Steel Bounty Act 1918

Legislation au C1918A00036 Not in force Act

Legislation content

 

IRON AND STEEL BOUNTY.

 

No. 36 of 1918.

An Act to provide for the Payment of Bounty on the Manufacture of Black Steel Sheets and Galvanized Sheets in the Commonwealth.

[Assented to 20th December, 1918.]

Preamble.

BE it enacted by the Kings Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia for the purpose of appropriating the grant originated in the House of Representatives, as follows:—

Short title.

1. This Act may be cited as the Iron and Steel Bounty Act 1918.

Definitions.

2. In this Act, unless the contrary intention appears—

black steel sheets means black steel sheets, not exceeding one-sixteenth of an inch in thickness, made from Australian iron ore and steel manufactured in Australia or from such imported sheet bar steel as is authorized in pursuance of section three of this Act;


freight means the average freight for black steel sheets not exceeding one-sixteenth of an inch in thickness and galvanized sheets from the ports in the United Kingdom at which those sheets are usually shipped to Australia, as determined by the British Board of Trade for the quarter ending on the thirty-first day of March, the thirtieth day of June, the thirtieth day of September or the thirty-first day of December in any year and immediately preceding the quarter in which bounty is payable;

galvanized sheets means galvanized sheets made from Australian iron ore and steel manufactured in Australia or from such imported sheet bar steel as is authorized in pursuance of section three of this Act.

Use of Imported sheet bar steel.

3. In the event of such circumstances arising as would, in the opinion of the Minister, warrant the use of sheet bar steel, other than that made in Australia, for the manufacture in Australia of black steel sheets not exceeding one-sixteenth of an inch in thickness and galvanized sheets, the Minister may authorize that sheet bar steel to be so used, and the black steel sheets not exceeding one-sixteenth of an inch in thickness and the galvanized sheets made from that sheet bar steel shall be deemed to be black steel sheets and galvanized sheets for the purposes of this Act:

Provided that whenever the Minister authorizes the use of sheet bar steel other than that made in Australia he shall within thirty days thereof cause a statement of the reasons therefor to be laid before both Houses of the Parliament if the Parliament is then sitting or, if the Parliament is not then sitting, within thirty days after the next meeting of Parliament, and if either House of the Parliament passes a resolution of which notice has been given at any time within fifteen sitting days after such statement has been laid before such House disallowing such authorization it shall thereupon cease to have effect.

Authority to pay bounty.

4. The Governor-General may authorize the payment out of the Consolidated Revenne Fund, which is hereby appropriated for the purpose, of bounty on the manufacture in Australia, after the first day of October, One thousand nine hundred and eighteen, of black steel sheets and galvanized sheets according to the rates set out in the Schedule to this Act:

Provided that the rates of bounty payable on any black steel sheets or galvanized sheets, manufactured after the introduction of a Customs Tariff bringing into operation increased duties of Customs on black steel sheets or galvanized sheets, shall be decreased by an amount corresponding to the amount by which the duties of Customs are increased:

Provided further that no bounty shall be authorized to be paid on any black steel sheets or galvanized sheets manufactured or supplied or to be manufactured or supplied under a contract containing a term or condition permitting or providing for the deduction of the amount of the bounty or any part thereof from the price


or moneys payable for the black steel sheets or galvanized sheets to the manufacturers.

Limit of total amount of bounty.

5.—(1.) The total amount of the bounty authorized to be paid in respect of black steel sheets and galvanized sheets shall not exceed the amount set out in the third column of the Schedule.

(2.) The total amount of bounty authorized to be paid in any one financial year shall not exceed the sum of Forty thousand pounds.

(3.) When the maximum amount of bounty which may be paid in any year has not been paid in that year, the unpaid balance, or any part thereof, may be paid in any subsequent year in addition to the maximum amount for that year.

When bounty to cease.

6. No bounty shall be authorized to be paid on black steel sheets or galvanized sheets made after the thirtieth day of September, One thousand nine hundred and twenty-three.

Proof of good quality and compliance with Act to be furnished.

7. No bounty shall be authorized to be paid to any person other than the manufacturer of the black steel sheets or galvanized sheets, nor unless the manufacturer thereof furnishes proof to the satisfaction of the Minister that the goods in respect of which bounty is claimed are of good and merchantable quality, and that the requirements of this Act and the regulations have been complied with.

Audit of books &c., of company claiming bounty.

8. The accounts, books and documents of any person, firm, or company claiming bounty under this Act shall be subject to examination and audit by an auditor appointed or authorized by the Minister.

Reduction of bounty where profits exceed fifteen per centum.

9. If the net profits of any person, firm or company claiming bounty under this Act exceed, in any year, fifteen per centum on the capital employed in the business, the Minister may withhold so much of the bounty payable as will reduce the net profits for that year to fifteen per centum on the capital employed in the business.

Conditions of employment and rates of wages.

10.—(1.) The Minister may make application to the President of the Commonwealth Court of Conciliation and Arbitration for a declaration as to what wages and conditions of employment are fair and reasonable for labour employed in the manufacture of black steel sheets or galvanized sheets.

(2.) On the hearing and determination of the application, the President shall have all the powers which under the Excise Procedure Act 1907 belong to the President of the Commonwealth Court of Conciliation and Arbitration, and all witnesses and persons summoned to appear or appearing before him shall be entitled to the same privileges and protection, and be subject to the same liabilities and penalties, as witnesses or persons summoned to appear or appearing before the President on an application within the meaning of that Act, and the provisions of that Act shall, so far as they are applicable, apply accordingly, mutatis mutandis, as if the application were an application within the meaning of that Act.

(3.) Every person who claims the bounty payable under this Act shall, in making his claim, certify to the Minister the conditions

 


of employment and the rates of wages paid to any labour employed by him other than the labour of members of his family.

(4.) If the Minister finds that the rates of wages and conditions of employment or any of them—

(a) are below the rates and conditions declared, as in the first sub-section of this section mentioned, to be fair and reasonable; or

(b) are below the standard rates and conditions of employment prescribed by the Commonwealth Court of Conciliation and Arbitration,

the Minister may withhold the whole or any part of the bounty payable.

Offences against Act.

11. No person shall—

(a) obtain any bounty which is not payable;

(b) obtain payment of the bounty by means of any false or misleading statement; or

(c) present to any officer doing duty in relation to this Act or the regulations, any document, or make to any such officer any statement, which is false in any particular.

Penalty: One hundred pounds or imprisonment for twelve months.

Return to be laid before Parliament.

12. A return setting forth—

(a) the names of all persons to whom bounty was paid during the preceding financial year;

(b) the amounts of all such bounty;

(c) the names of the places and States in which the goods were produced; and

(d) the number of persons employed in each of the works, wages paid, and hours observed in the production of the goods,

shall be prepared in the month of July in each year and shall be laid before both Houses of the Parliament within thirty days after its preparation if the Parliament is then sitting, and, if not, then within thirty days after the next meeting thereof.

Regulations.

13. The Governor-General may make regulations, not inconsistent with this Act, prescribing all matters which by this Act are required or permitted to be prescribed or are necessary or convenient to be prescribed for giving effect to this Act and in particular for any of the following purposes:—

(a) For prescribing the minimum quantity of black steel sheets or galvanized sheets to be manufactured to entitle the manufacturer to claim the bounty;

(b) for prescribing the proportion in which bounty shall be payable to claimants who have complied with the prescribed conditions, in cases where there is not sufficient money available to pay the full bounty in respect of all the claims; and

(c) for providing for the inspection of the process or manufacture for the purpose of ascertaining and reporting on the cost of production and manufacture.


THE SCHEDULE.

Description of Goods.

Rate of Bounty.

Total Amount which may be authorized.

Date of Expiry of Bounty.

Black Steel Sheets

When freight is £2 10s. per ton or under—£1 10s. per ton

When freight exceeds £2 10s. per ton—£1 10s. per ton less the amount by which the freight exceeds £2 10s. per ton

£

 

Galvanized Sheets

When freight is £2 10s. per ton or under — £2 per ton

When freight exceeds £2 10s. per ton—£2 per ton less the amount by which the freight exceeds £2 10s. per ton

Including the bounty (if any) paid on the black steel sheets from which the galvanized sheets are made

200,000

30th September, 1923.

 

Overview

The Iron and Steel Bounty Act 1918 was enacted by the Parliament of Australia to provide financial incentives for the local manufacturing of black steel sheets and galvanized sheets within Australia. This Act was a response to a need to bolster the domestic steel industry, particularly by ensuring the use of Australian iron ore and steel, while also allowing for the importation of sheet bar steel under certain conditions to meet demand. The policy objective was to encourage local production and to support the iron and steel industry during a time when the industry was crucial for the nation's development and post-war reconstruction efforts. The Act appropriates funds from the Consolidated Revenue Fund for the payment of bounties and sets out various conditions and limitations to ensure the effective and efficient use of these financial incentives.

Scope and Application

The Iron and Steel Bounty Act 1918 applies to manufacturers of black steel sheets and galvanized sheets within the Commonwealth of Australia. The Act provides for the payment of bounty to these manufacturers under certain conditions, including the use of Australian iron ore and steel or authorized imported sheet bar steel. The bounty is applicable only to sheets not exceeding one-sixteenth of an inch in thickness. The Minister has the authority to authorize the use of non-Australian sheet bar steel under specific circumstances, subject to parliamentary scrutiny. The bounty can be paid out of the Consolidated Revenue Fund and is subject to limitations on the total amount that can be paid and the duration for which it is available. Additionally, the bounty may be reduced if the manufacturer's net profits exceed fifteen per centum on the capital employed. The Act also mandates that the quality of the manufactured sheets must be proven, and the accounts and books of the manufacturers are subject to audit. The Minister has the power to withhold bounty if the conditions of employment and rates of wages are not in line with those declared to be fair and reasonable. The Act further outlines penalties for offences against it and requires a return to be laid before Parliament detailing the bounty payments and employment conditions. Subordinate regulations can be made to prescribe additional matters necessary for the implementation of the Act.

Key Provisions

The Iron and Steel Bounty Act 1918 primarily focuses on the payment of a bounty on the manufacture of black steel sheets and galvanized sheets in Australia. Section 4 of the Act authorises the Governor-General to pay a bounty from the Consolidated Revenue Fund on the manufacture of these sheets, subject to the rates specified in the Schedule (Section 4). The Act allows for the use of imported sheet bar steel under certain conditions, as outlined in Section 3, with a requirement for the Minister to provide a statement to Parliament if such authorization is granted. The total bounty amount is capped at £40,000 per financial year, as per Section 5, and no bounty shall be paid after 30 September 1923 (Section 6). Manufacturers must provide proof of the quality of the sheets and compliance with the Act (Section 7) and their accounts are subject to audit (Section 8). The Act imposes several obligations on the entities it governs. Manufacturers claiming the bounty must ensure the sheets are of good quality and comply with the Act's requirements (Section 7). They must also certify the conditions of employment and rates of wages paid to the labour employed, except for family members (Section 10(3)). If the Minister determines that the wages and conditions of employment are below the fair and reasonable rates declared or prescribed, the Minister may withhold the bounty (Section 10(4)). Additionally, the Act mandates that a return detailing the bounty payments and production details be prepared annually and presented to Parliament (Section 12). Breaches of the Act are treated as offences, with penalties including fines up to £100 or imprisonment for up to twelve months (Section 11). The Act also provides for the withholding of bounty if certain conditions are not met, such as exceeding net profits of 15% on capital employed (Section 9) or if employment conditions and wages are below the declared fair and reasonable rates (Section 10(4)). The Governor-General has the authority to make regulations necessary for the Act's implementation, such as setting minimum quantities for bounty claims and the proportion of bounty payable (Section 13).

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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.