Commonwealth Numbered Acts

BOUNTY (SHIPS) AMENDMENT ACT 1985 No. 76 of 1985 - SECT 14

14. Sections 11 and 12 of the Principal Act are repealed and the following
sections are substituted: Accounts

"11. (1) A person is not entitled to bounty unless-

   (a)  the person keeps, in writing in the English language, such accounts,
        books, documents and other records as correctly record and explain-

        (i)    such particulars in relation to the construction and
               modification (including the cost of the construction and
               modification) of bountiable vessels in respect of which bounty
               is, or may become, payable to the person as are specified by
               the Minister by notice published in the Gazette; and

        (ii)   such other particulars (if any) in relation to those vessels as
               are specified by the Minister by notice in writing served on
               the person; and

   (b)  the person retains those accounts, books, documents and other records
        for at least 3 years after the completion of the construction or
        modification, as the case may be, of those vessels.



"(2) For the purposes of this section, accounts, books, documents or other
records shall be taken to be kept in writing in the English language if they
are kept in a form in which they are readily accessible and readily
convertible into writing in the English language. Securities

"12. The Minister may, by notice in writing served on a person to whom bounty
could become payable, require the person to give security, in an amount
determined by the Minister, by bond, guarantee or cash deposit, or by all or
any of those methods, for compliance by the person with the provisions of this
Act and the regulations, or for the purpose of an undertaking given by the
person for the purposes of this Act or the regulations, and, where a person is
so required to give security, the person is not entitled to bounty, or an
advance on account of bounty, unless the person gives security in accordance
with the requirement. Shipbuilders to furnish returns

"12A. (1) Within 28 days after the end of each month of the year that falls,
in whole or in part, during the period to which this Act applies, a
shipbuilder shall lodge with the Comptroller-General or a Collector a return
in relation to-

   (a)  the bountiable vessels constructed or modified by the shipbuilder or
        constructed or modified on behalf of the shipbuilder, as the case
        requires; and

   (b)  the bountiable vessels that the shipbuilder proposes to construct or
        modify or proposes will be constructed or modified on behalf of the
        shipbuilder, as the case requires, being a return that complies with
        sub-section (2).



"(2) The return shall-

   (a)  be in accordance with the appropriate approved form;

   (b)  include such information as is, and such estimates as are, required by
        the form; and

   (c)  be signed and witnessed as required by the form.



"(3) A shipbuilder shall not refuse or fail to comply with sub-section (1) to
the extent that the shipbuilder is capable of complying with the sub-section.
Penalty: $1,000.

"(4) A shipbuilder shall not lodge a return under sub-section (1) that is, to
the knowledge of the shipbuilder, false or misleading in a material
particular.
Penalty for contravention of this sub-section: $1,000 or imprisonment for 6
months, or both.".