Commonwealth Numbered Acts

DAIRY LEGISLATION (TRANSITIONAL PROVISIONS AND CONSEQUENTIAL AMENDMENTS) ACT 1986 No. 59 of 1986 - SECT 23

23. (1) The money of the Corporation that is treated in the accounts of the
Corporation as money standing to the credit of the Dairying Industry
Stabilization Fund immediately before the commencement of this section shall
be deemed to have been credited, on that day, to the Industry Fund.

(2) An investment of the Corporation that was held by the Corporation for the
purposes of the Dairying Industry Stabilization Fund immediately before the
commencement of this section shall be taken to be held by the Corporation, on
and after that day, for the purposes of the Industry Fund.

(3) The Corporation shall cause to be taken such steps, if any, as are
necessary to effect the withdrawal of the money referred to in sub-section (1)
from the account or accounts of the Dairying Industry Stabilization Fund and
the payment of that money to the account of the Industry Fund.