Sulphuric Acid Bounty
No. 95 of 1971
An Act relating to the Bounty on the Production of Sulphuric Acid.
[Assented to 17 November 1971]
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 Sulphuric Acid Bounty Act 1971.
(2.) The Sulphuric Acid Bounty Act 1954–1970 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act, may be cited as the Sulphuric Acid Bounty Act 1954–1971.
Commencement.
2. This Act shall be deemed to have come into operation on the first day of January, One thousand nine hundred and seventy-one.
Interpretation.
3. Section 4 of the Principal Act is amended—
(a) by omitting from the definition of “the bounty period” in sub-section (1.) the words “December, One thousand nine hundred and seventy” and inserting in their stead the words “May, One thousand nine hundred and seventy-two”;
(b) by omitting from sub-section (4.) the words “December, One thousand nine hundred and seventy” and inserting in their stead the words “May, One thousand nine hundred and seventy-two”; and
(c) by omitting from sub-section (5.) the words “, and at all times from the first day of July, One thousand nine hundred and sixty-nine, to have been.”.
Application of regulations.
4.—(1.) The regulations that were in force for the purposes of section 8 of the Principal Act immediately before the commencement of this Act apply in relation to bounty that becomes payable after the commencement of this Act but may be amended by regulations made under the Principal Act as amended by this Act.
(2.) If no Proclamation is made under sub-section (4.) of section 4 of the Principal Act as amended by this Act, the period commencing on the first day of April, One thousand nine hundred and seventy-two, and ending on the thirty-first day of May in that year shall, for the purposes of the regulations referred to in the last preceding sub-section, be deemed to be a quarter within the meaning of those regulations.
Overview
The Sulphuric Acid Bounty Act 1971 was enacted to amend the existing Sulphuric Acid Bounty Act 1954–1970, extending the bounty period and modifying the definitions within the legislation. This Act was introduced to address the need for continued incentivisation of sulphuric acid production, ensuring that the economic benefits of such production were sustained. Enacted by the Queen's Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, the policy objective was to ensure that the sulphuric acid industry continued to receive the necessary support during a period of transition. By updating the bounty period and adjusting relevant definitions, the Act aimed to maintain the viability and productivity of the industry during a critical phase.
Scope and Application
The Sulphuric Acid Bounty Act 1971 applies to the bounty on the production of sulphuric acid, extending and amending the Sulphuric Acid Bounty Act 1954–1970, which is referred to as the Principal Act in this legislation. The Act amends the definitions and periods related to the bounty, particularly extending the bounty period to May 1972 and modifying specific subsections to align with this change. It is applicable to entities involved in the production of sulphuric acid within the Commonwealth of Australia, aiming to provide financial incentives for production during the specified period. The Act allows for the continuation and amendment of existing regulations under the Principal Act, ensuring that the bounty process remains streamlined and effective. The regulations in force before the Act's commencement apply to bounties payable after the Act comes into operation, unless otherwise amended by regulations made under the amended Principal Act. Notably, if no proclamation is made under the Principal Act, a specific period from April 1, 1972, to May 31, 1972, is deemed a quarter for regulatory purposes.
Key Provisions
The Sulphuric Acid Bounty Act 1971 (sections 1 and 2) establishes the legal framework for the bounty on the production of sulphuric acid, extending the bounty period and amending the Principal Act from 1954–1970 to 1954–1971. This Act came into operation on 1 January 1971. The key provision involves amending the definition of the “bounty period” (section 3) to extend it to May 1972, and modifying certain subsections to reflect this change. Additionally, it allows for the continuation of regulations previously in force for the Principal Act (section 4), with the possibility of amendment by regulations made under the amended Principal Act. If no proclamation is made, a specific period from April to May 1972 is deemed a quarter for regulatory purposes.
The Act imposes certain obligations on the parties involved in the production and registration of sulphuric acid. For instance, it mandates that the regulations governing the bounty period and the production of sulphuric acid continue to apply unless otherwise amended (section 4(1)). It also specifies that if no proclamation is issued, the period from 1 April to 31 May 1972 is considered a quarter under these regulations (section 4(2)). These obligations ensure that the bounty system remains consistent and transparent, facilitating smooth operation and compliance.
Breaches of the provisions outlined in the Sulphuric Acid Bounty Act 1971 can result in various penalties and consequences. While the specific offences and penalties are not detailed in the provided text, it is generally understood that failure to comply with the regulations and obligations set forth in the Act could lead to legal action. This might include fines or other penalties as prescribed by the relevant authorities. The exact penalties would be determined based on the nature and severity of the breach, with potential implications for both the individuals and entities involved in the production and registration of sulphuric acid.