Commonwealth Numbered Acts

BOUNTY AND SUBSIDY LEGISLATION AMENDMENT ACT (No. 2) 1988 No. 145 of 1988 - SCHEDULE 1

SCHEDULE 1
Subsection 4 (1)
AMENDMENTS OF VARIOUS BOUNTY ACTS
Bounty (Bed Sheeting) Act 1977 Subsection 4 (1B):

   (a)  Omit "Subject to subsection (3), the", substitute "The".

   (b)  After "subsequent period of 12 months" insert "that ends before 1
        November 1988". Subsections 4 (2) and (3):
Omit the subsections, substitute the following subsections:

"(2) The period of 4 months commencing on 1 November 1988 is a period to which
this Act applies.

"(3) The periods of 12 months commencing on 1 March 1989, 1 March 1990, 1
March 1991 and 1 March 1992 respectively are each periods to which this Act
applies.". Paragraph 8 (1) (b):
Omit "and". Paragraph 8 (1) (c):
Omit "other than a period referred to in paragraph (a) or (b)", substitute
"referred to in subsection 4 (1B)". Subsection 8 (1):
Add at the end the following paragraphs:

"(d) in the case of the period referred to in subsection 4 (2)-$200,000; and

   (e)  in the case of a period referred to in subsection 4 (3)-$3,200,000.".
Bounty (Books) Act 1986 Paragraph 4 (5) (b):
Omit all the words from and including "equal to", substitute:

"equal to:

        (i)    if the book is produced before 1 January 1989-16.7%;

        (ii)   if the book is produced on or after 1 January 1989 and before 1
               January 1990-15.3%;

        (iii)  if the book is produced on or after 1 January 1990 and before 1
               January 1991-13.8%;

        (iv)   if the book is produced on or after 1 January 1991 and before 1
               January 1992-12.3%; and

        (v)    if the book is produced on or after 1 January 1992-11.9%;
of:

        (vi)   where there is no amount referred to in paragraph (a)-the gross
               price; or

        (vii)  where there is such an amount-the difference between the gross
               price and that amount.". Subsection 19 (11):
Omit the subsection. Paragraph 33 (1) (g):
Omit "(other than such a decision made under subsection 19 (11))".
Bounty (Printed Fabrics) Act 1981 Subsection 2 (1) (definition of "bountiable
printed fabric"):
Omit "120", substitute "125". Subsection 2 (1) (definition of "bounty
period"):
Omit "31 December 1988", substitute "30 June 1995". Paragraph 6 (b):
Omit the paragraph, substitute the following paragraph:

"(b) where that condition is satisfied in relation to the fabric:

        (i)    on or after 20 August 1986 and before 1 March 1989-56%;

        (ii)   on or after 1 March 1989 and before 1 March 1990-53%;

        (iii)  on or after 1 March 1990 and before 1 March 1991-49%;

        (iv)   on or after 1 March 1991 and before 1 March 1992-45%;

        (v)    on or after 1 March 1992 and before 1 March 1993-41%;

        (vi)   on or after 1 March 1993 and before 1 March 1994-37%;

        (vii)  on or after 1 March 1994 and before 1 July 1995-33%; and

        (viii) on or after 1 July 1995-30%; of the additional value added to
               the fabric by that producer.".
Bounty (Textile Yarns) Act 1981 Subsection 2 (1) (definition of "bounty
period"):
Omit "31 December 1988", substitute "30 June 1995". Paragraph 6 (1) (b):
Omit the paragraph, substitute the following paragraph:

"(b) where that condition is satisfied in relation to that yarn:

        (i)    on or after 20 August 1986 and before 1 March 1989-47.2%;

        (ii)   on or after 1 March 1989 and before 1 March 1993-42.5%;

        (iii)  on or after 1 March 1993 and before 1 March 1994-35%; and

        (iv)   on or after 1 March 1994-30%; of the additional value added to
               the yarn by that producer.". Subsection 6 (2):
Omit all the words after "equal to-", substitute:

"(d) where the condition specified in paragraph 5 (5) (c) is satisfied in
relation to the yarn before 20 August 1986-49% of the additional value added
to the yarn by that producer; and

   (e)  where that condition is satisfied in relation to that yarn:

        (i)    on or after 20 August 1986 and before 1 March 1989-39.2%;

        (ii)   on or after 1 March 1989 and before 1 March 1990-38%;

        (iii)  on or after 1 March 1990 and before 1 March 1991-36%;

        (iv)   on or after 1 March 1991 and before 1 March 1992-34%;

        (v)    on or after 1 March 1992 and before 1 March 1993-32%; and

        (vi)   on or after 1 March 1993-30%; of the additional value added to
               the yarn by that producer.". Paragraph 6 (3) (b):
Omit the paragraph, substitute the following paragraph:

"(b) where that condition is satisfied in relation to the yarn:

        (i)    on or after 20 August 1986 and before 1 March 1989-41.6%;

        (ii)   on or after 1 March 1989 and before 1 March 1990-39%;

        (iii)  on or after 1 March 1990 and before 1 March 1991-37%;

        (iv)   on or after 1 March 1991 and before 1 March 1992-35%;

        (v)    on or after 1 March 1992 and before 1 March 1993-33%; and

        (vi)   on or after 1 March 1993-30%; of the additional value added to
               the yarn by that producer.". Subsection 6 (4):
Omit all the words after "equal to-", substitute:

"(c) where the condition specified in paragraph 5 (5) (c) is satisfied in
relation to the yarn before 20 August 1986-43% of the additional value added
to the yarn by that producer; and

   (d)  where that condition is satisfied in relation to the yarn:

        (i)    on or after 20 August 1986 and before 1 March 1989-34.4%;

        (ii)   on or after 1 March 1989 and before 1 March 1990-34%;

        (iii)  on or after 1 March 1990 and before 1 March 1991-33%;

        (iv)   on or after 1 March 1991 and before 1 March 1992-32%;

        (v)    on or after 1 March 1992 and before 1 March 1993-31%; and

        (vi)   on or after 1 March 1993-30%; of the additional value added to
               the yarn by that producer.". Subsection 6 (5):
Omit all the words after "equal to-", substitute:

"(e) where the condition specified in paragraph 5 (5) (c) is satisfied in
relation to the yarn before 20 August 1986-33% of the additional value added
to the yarn by that producer; and

   (f)  where that condition is satisfied in relation to the yarn:

        (i)    on or after 20 August 1986 and before 1 March 1989-26.4%;

        (ii)   on or after 1 March 1989 and before 1 March 1990-27%;

        (iii)  on or after 1 March 1990 and before 1 March 1991-28%;

        (iv)   on or after 1 March 1991 and before 1 March 1992-29%; and

        (v)    on or after 1 March 1992-30%; of the additional value added to
               the yarn by that producer.".