Wool Products Bounty Regulations

Legislation au C1951L00039 Regulations Not in force Legislative Instrument

Legislation content

WOOL PRODUCTS BOUNTY REGULATIONS.

 

Statutory Rules 1951, No. 39.(b)

 

Citation.

1. These Regulations may be cited as the Wool Products Bounty Regulations.

Definitions.

2. In these Regulations, unless the contrary intention appears—

“ producer ” means a producer of wool products ;

“ the Act ” means the Wool Products Bounty Act 1950 ;

“ the Commission ” means, the Australian Wool Realization Commission constituted under the Wool Realization Act 1945-1950.

Prescribed date.

3. The prescribed date referred to in sub-section (1.) of section 5 of the Act is the thirty-first day of December, 1951.

Notice of intention to claim bounty.

4.—(1.) A producer who wishes to claim bounty shall, on or before the twenty-fourth day of August, 1951, furnish to the Commission a notice of intention to claim bounty.

(2.) An application for an advance of bounty which includes the particulars required by this regulation to be contained in a notice of intention to claim bounty shall be deemed for the purposes of these Regulations to be a notice of intention to claim bounty.

(3.) A notice of intention to claim bounty shall include the following particulars :—

(a) the name and address of the producer ;

(b) the date and place of the purchase by the producer of the wool the subject of the notice ;

(c) the name of the buying broker or agent ;

(b) Made under the Wool Products Bounty Act 1950 on 26th April, 1951 ; notified in Gazette on 10th May, 1951.


(d) the name of the selling broker ;

(e) the catalogue number ;

(f) in respect of each lot, the number of the lot, the quantity of wool contained in the lot in bales, fadges or sacks, the weight in pounds and the purchase price per pound.

Advances of bounty.

5.—(1.) Where a producer is in possession of wool and the Commission is satisfied that he intends to manufacture that wool into wool products, the Commission may, upon receiving from the producer an application for an advance of bounty, subject to this regulation, make an advance of bounty on behalf of the Commonwealth to the producer.

(2.) The amount of any advance of bounty or, where more than one advance is made in respect of the same wool, the total amount of such advances, shall not exceed the amount of bounty which, in the opinion of the Commission, would be payable in respect of wool products manufactured from that wool.

Producer not to dispose of wool after advance paid.

6. A producer who has received an advance of bounty in respect of wool shall not sell or otherwise dispose of that wool or any portion of that wool unless he has previously—

(a) notified the Commission in writing of his intention so to do ; and

(b) repaid to the Commission an amount equal to the amount of the advance or, in the case of the sale or other disposition of a portion of the wool, an amount which bears to the amount of the advance the same proportion as the portion of the wool sold or otherwise disposed of bears to the quantity of wool in respect of which the advance was paid.

Penalty : One hundred pounds.

Repayment of advances.

7.—(1.) Where wool in respect of which an advance of bounty has been paid to a producer is damaged, lost, stolen or destroyed before being manufactured into a wool product, an amount equal to the amount of the advance on that wool shall be paid to the Commission by the producer within thirty days of the date of the damage, loss, theft or destruction.

(2.) Where wool in respect of which an advance of bounty has been paid to a producer is not manufactured into a wool product before the thirty-first day of December, 1951, an amount equal to the amount of the advance on that wool shall be paid to the Commission by the producer on or before that date.

(3.) An advance of bounty re-payable to the Commission in accordance with this regulation shall be a debt due to the Commonwealth and may be sued for by the Commonwealth in any court of competent jurisdiction.

Scouring or carbonizing of wool or wool products.

8. A person, not being a producer, who has in his possession wool or wool products on which bounty has been paid, or on which an advance of bounty has been made, shall not subject that wool or those wool products to a process of scouring or carbonizing unless he has first notified the Commission in writing of his intention so to do.

Penalty : One hundred pounds.


Notices given &c. before commencement of Regulations.

9.—(1.) Where, before the date of commencement of these Regulations, a producer has furnished to the Commission a notice of intention to claim bounty, or a claim which has been accepted by the Commission as a notice of intention to claim bounty, and bounty has not been paid in accordance with section 7 of the Act, that notice or claim shall be deemed to be a notice of intention to claim bounty furnished in accordance with these Regulations.

(2.) Where, before the date of commencement of these Regulations, an advance of bounty has been made to a producer and bounty in accordance with section 7 of the Act has not been paid to him, that advance shall be deemed to be an advance of bounty made in accordance with these Regulations.

Deduction of advances from bounty.

10. There shall be deducted from the amount of bounty payable to a producer in respect of any wool products the amount of any advance of bounty paid to him in respect of those wool products.

 

Overview

The Wool Products Bounty Regulations, Statutory Rules 1951, No. 39, were enacted under the Wool Products Bounty Act 1950 by the Commonwealth Parliament, to provide a regulatory framework for the administration of bounties on wool products. These regulations address the need to ensure that producers adhere to certain conditions in order to qualify for the bounty and manage the process of bounty claims and advances effectively. The regulations aim to streamline the application and payment process for producers while ensuring the Commonwealth’s interests are protected, particularly in cases where wool is not manufactured into products or is lost, damaged, stolen, or destroyed before processing. The regulations establish specific procedures for producers to follow, such as providing a notice of intention to claim bounty and detailing the terms under which advances of bounty may be made. Additionally, they outline the obligations of producers regarding the disposal and processing of wool, and the consequences of failing to comply with these obligations, including penalties and the requirement to repay advances. These measures ensure the integrity of the bounty system and support the policy objective of promoting the wool industry through financial incentives while safeguarding the Commonwealth’s interests.

Scope and Application

The Wool Products Bounty Regulations, promulgated under the Wool Products Bounty Act 1950, primarily apply to producers of wool products in Australia. These Regulations outline the procedures for claiming bounty, the conditions under which advances of bounty can be made, and the obligations of producers once an advance has been received. The scope of these Regulations extends to any individual or entity involved in the production of wool products, including those who may have received an advance of bounty prior to the Regulations' commencement. The geographic jurisdiction of these Regulations is national, as they apply across Australia, overseen by the Australian Wool Realization Commission established under the Wool Realization Act 1945-1950. The Regulations do not specify exclusions, but they do establish certain thresholds and conditions for the claiming and repayment of bounty advances. Furthermore, the application of these Regulations can be extended or modified through subordinate instruments, ensuring flexibility in the administration of the bounty scheme.

Key Provisions

The Wool Products Bounty Regulations (1951) primarily focus on the processes and obligations related to the claiming and payment of bounties for wool products. Key provisions include the notice of intention to claim bounty (Regulation 4), the conditions for advances of bounty (Regulation 5), the obligations of producers in relation to the disposition of wool after receiving an advance (Regulation 6), the repayment of advances under certain conditions (Regulation 7), and restrictions on processing wool or wool products that have received a bounty (Regulation 8). These regulations also address the treatment of notices and advances made before the regulations came into effect (Regulation 9) and the deduction of advances from the final bounty payable (Regulation 10). Under these regulations, producers are required to notify the Australian Wool Realization Commission of their intention to claim a bounty by providing specific details about the wool they have purchased (Regulation 4). The Commission may grant advances of bounty to producers who intend to manufacture the wool into products, with the total amount of advances not exceeding the estimated bounty for the wool (Regulation 5). Producers must not dispose of the wool after receiving an advance without first notifying the Commission and repaying the advance proportionate to the amount of wool disposed (Regulation 6). If the wool is damaged, lost, stolen, or destroyed, or if it is not manufactured into products by the prescribed date, the producer must repay the advance (Regulation 7). Additionally, individuals other than producers must notify the Commission before processing wool or wool products that have received a bounty (Regulation 8). Violations of these regulations incur penalties. For instance, failure to comply with the requirements to notify the Commission and repay advances results in a penalty of one hundred pounds (Regulations 6 and 8). Furthermore, the non-repayment of advances as stipulated in Regulation 7 is considered a debt due to the Commonwealth, which can be pursued in a court of competent jurisdiction (Regulation 7(3)). The regulations outline specific civil and criminal consequences for breaches. For example, failure to notify the Commission and repay advances as required leads to a penalty of one hundred pounds (Regulations 6 and 8). Additionally, the non-repayment of advances is treated as a debt to the Commonwealth, which can be enforced in court (Regulation 7(3)). These provisions ensure compliance and the proper administration of bounties under the Wool Products Bounty Act 1950.

Legal classification tags

Area of Law
Commercial Law
Instrument
Legislative Instrument
Concepts
Definitions & Interpretation
Offence Provisions
Reporting & Disclosure Obligations
Compliance Obligations
Repeal & Amendment

Interactions

Authorises

All Versions

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.