Commonwealth Numbered Acts

PRIMARY INDUSTRIES AND ENERGY LEGISLATION AMENDMENT ACT (No. 2) 1992 No. 59, 1992 - SECT 9

9. Section 40 of the Principal Act is amended:

   (a)  by omitting subsections (1) and (2) and substituting the following
        subsections:

"(1) The Corporation must establish and maintain a register for the purpose of
ascertaining whether a person is entitled to debate and vote at the annual
general meeting, and any special general meeting, held in a particular
financial year.

"(1A) The Corporation must cause to be entered on the register the particulars
of any person who:

   (a)  applies to have his or her particulars entered on the register; and

   (b)  was liable to pay wool tax imposed during the financial year
        immediately preceding the financial year in which the application is
        made; and

   (c)  has paid that wool tax.

"(1B) If a person's particulars are on the register, their registration is
renewed if:

   (a)  the person applies for the registration to be renewed; and

   (b)  the person was liable to pay wool tax imposed during the financial
        year immediately preceding the financial year in which the application
        is made; and

   (c)  the person has paid that wool tax.

"(1C) A person whose particulars are on the register may, at any time, apply
in writing to have those particulars removed from the register.

"(1D) Unless a person has applied under subsection (1C) to have his or her
particulars removed from the register, those particulars are to remain on the
register for a period of 3 years beginning:

   (a)  on 1 July in the financial year in which the particulars were entered
        on the register under subsection (1A); or

   (b)  if the registration of the particulars was renewed under subsection
        (1B) - on 1 July in the financial year in which the registration was
        renewed or last renewed (as the case may be).

"(1E) A person's particulars are to be removed from the register if:

   (a)  the person has applied under subsection (1C) to have them removed; or

   (b)  they are not required to remain on the register under subsection (1D).

"(2) The register is to be used also to ascertain whether a person is an
eligible levy payer for the purposes of the annual general meeting of the Wool
Research and Development Corporation held in a particular year.";

   (b)  by inserting in paragraph (3)(b) "on a registration under subsection
(1A) or the renewal of a registration under subsection (1B)" after "register";

   (c)  by omitting from subsection (4) "A" and substituting "The".