Commonwealth Numbered Acts

Australian Meat and Live-stock Corporation Amendment Act 1984 No. 57 of 1984 - SECT 10

10. Section 16L of the Principal Act is amended-

   (a)  by omitting from sub-section (1) '', with the approval of the
        Minister,''; and

   (b)  by inserting after sub-section (1) the following sub-section:

''(1A) Notwithstanding that the circumstances for the exercise of the powers
of the Corporation referred to in sub-section (1) have not arisen, the
Corporation may exercise the powers referred to in that sub-section where the
Corporation is satisfied, having regard to the criteria from time to time
included in the corporate plan in force in accordance with sub-section 30P
(1), that the exercise of the powers-

   (a)  would be beneficial for the development, or the further development,
        in a country or place outside Australia, of a market for meat or
        live-stock, or of a market for meat or live-stock of any quality,
        standard, grade or class; and

   (b)  would be in the best commercial interests of the industry.''.