Commonwealth Numbered Acts

BOUNTY (NON-ADJUSTABLE WRENCHES) ACT 1981 No. 18 of 1981 - SECT 9

9. (1) The amount available for payment of bounty in respect of bountiable
implements in respect of which bounty becomes payable during a bounty period
is -

   (a)  in the case of the bounty period that commenced on 1 July 1980 -
        $620,000; and

   (b)  in the case of the bounty period (if any) commencing on 1 July 1981 -
        an amount that bears to $620,000 the same proportion as the number of
        days in the bounty period bears to 365.

(2) Where the amount available for the payment of bounty in respect of
bountiable implements in respect of which bounty becomes payable during a
bounty period is insufficient for the payment in full of all valid claims in
respect of those implements, the bounty otherwise payable in respect of each
of those claims shall be reduced to an amount that bears the same proportion
to the amount of the claim as the amount so available bears to the total
amount of all those claims.

(3) If the Minister is of the opinion that the amount available for the
payment of bounty in respect of bountiable implements in respect of which
bounty becomes payable during a bounty period will be insufficient for the
payment in full of all valid claims in respect of those implements, he may
withhold payment of the whole or any part of the bounty otherwise payable upon
such a claim until he has ascertained the total amount of all those claims.

(4) For the purposes of this section, bounty payable in respect of a
bountiable implement shall be deemed to have become payable during the bounty
period in which the implement was sold as mentioned in paragraph 7 (3) (b).