Processed Milk Products Bounty
No. 47 of 1965
An Act to amend the Processed Milk Products Bounty Act 1962-1964.
[Assented to 3 June, 1965]
BE it enacted by the Queen’s 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 Processed Milk Products Bounty Act 1965.
(2.) The Processed Milk Products Bounty Act 1962-1964 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act, may be cited as the Processed Milk Products Bounty Act 1962-1965.
Commencement.
2. This Act shall come into operation on the first day of July, One thousand nine hundred and sixty-five.
Definitions.
3. Section 3 of the Principal Act is amended by omitting the definition of “the prescribed period” and inserting in its stead the following definition:—
“‘year to which this Act applies’ means the year commencing on the first day of July, One thousand nine hundred and sixty-five, or the next succeeding year.”.
Specification of bounty.
4. Section 4 of the Principal Act is amended by omitting from sub-section (2.) the words “the prescribed period” and inserting in their stead the words “a year to which this Act applies”.
Rate of bounty.
5. Section 5 of the Principal Act is amended—
(a) by inserting after the word “product”(first occurring) the words “exported during a year to which this Act applies”; and
(b) by omitting the words “the prescribed period” and inserting in their stead the words “that year”.
Limit of bounty.
6. Section 6 of the Principal Act is amended—
(a) by omitting sub-section (1.) and inserting in its stead the following sub-section:—
“(1.) The amount available for payment of the bounty in respect of processed milk products exported during a year to which this Act applies is Four hundred thousand pounds.”;
(b) by omitting from sub-section (2.) the words “a period referred to in the last preceding sub-section” and inserting in their stead the words “a year to which this Act applies”; and
(c) by omitting from sub-section (3.) the words “a period referred to in sub-section (1.) of this section” and inserting in their stead the words “a year to which this Act applies”.
Interim rates of bounty.
7. Section 7 of the Principal Act is amended—
(a) by omitting from sub-section (1.) the words “a period referred to in sub-section (1.) of the last preceding section” and inserting in their stead the words “a year to which this Act applies”; and
(b) by omitting from paragraphs (a), (b) and (c) of sub-section (1.) the word “period” and inserting in its stead the word “year”.
Saving.
8. The provisions of the Principal Act continue to apply to and in relation to processed milk products exported during the period that is the prescribed period for the purposes of that Act and to and in relation to bounty payable on the export of those processed milk products.