Commonwealth Numbered Acts

DAIRY PRODUCE ACT 1986 No. 54 of 1986 - SECT 102

102. (1) As soon as practicable after 30 June 1992, the Market Support Fund
shall be wound up.

(2) Where the Corporation is satisfied that there is no reasonable likelihood
that it will be required to expend money standing to the credit of the
Market Support Fund for any of the purposes specified in a paragraph of
section 101, the Corporation shall cause the balance of the money (if any)
standing to the credit of the Market Support Fund to be paid into a bank
account maintained by the Corporation under section 73.

(3) Money that is, in accordance with sub-section (2), paid into a bank
account maintained by the Corporation shall be applied by the Corporation for
such purpose or purposes as the Corporation, after consultation with the
executive council, determines to be appropriate.

(4) Where any investments are, at the time of winding-up of the Market
Support Fund, held for the purposes of that Fund and the Corporation
determines in writing that this sub-section applies in relation to those
investments, those investments shall be taken to be held instead, with effect
from the day upon which that determination is made, for such purpose or
purposes as the Corporation has determined to be appropriate under sub-section
(3).