Commonwealth Numbered Acts

PRIMARY INDUSTRIES AND ENERGY RESEARCH AND DEVELOPMENT AMENDMENT ACT 1991 No. 109, 1991 - SECT 3

3. Section 4 of the Principal Act is amended:
(a) by omitting from subsection (1) the definitions of "eligible levy
payer" and " nominated director" and substituting the following definitions: "
`eligible levy payer' means:

   (a)  in relation to the R & D Corporation in respect of the wool industry -
        a person (within the meaning of section 57) who is included in a
        register of wool-tax payers that is taken to have been prepared by the
        Corporation under subsection 57 (1A); or

   (b)  in relation to any other R & D Corporation - a person (within the
        meaning of section 57) who is included in a list of levy payers
        prepared by the Corporation under subsection 57 (1); `nominated
        director' means a director of an R & D Corporation, other than:

   (a)  a Chairperson, government director or Executive Director of the
        Corporation; and

   (b)  in the case of the R & D Corporation in respect of the wool industry -
        the member of the Australian Wool Corporation;

   (b)  by inserting in subsection (1) the following definitions: "
        `Australian Wool Corporation' means the Australian Wool Corporation
        established under the Australian Wool Corporation Act 1991; `Executive
        Director' means:

   (a)  in relation to an R & D Corporation other than the R & D Corporation
        in respect of the wool industry - the Executive Director appointed
        under Division 9 of Part 2; or

   (b)  in relation to the R & D Corporation in respect of the wool industry -
        the Managing Director appointed under that Division; `Wool Tax Act'
        means the Wool Tax Act (No. 1) 1964, the Wool Tax Act (No. 2) 1964,
        the Wool Tax Act (No. 3) 1964, the Wool Tax Act (No. 4) 1964 or the
        Wool Tax Act (No. 5) 1964;";

   (c)  by adding at the end the following subsection:

"(4) For the purposes of this Act, the sale value of any shorn wool is the
amount that, under section 10 of the Administration Act, is the sale value of
that wool for the purposes of that Act.".