Commonwealth Numbered Acts

WHEAT MARKETING ACT 1984 NO. 141 OF 1984 - SECT 30

30. (1) In this section, "season to which this section applies" means the
season commencing on 1 July 1989 or the next succeeding season.

(2) Where any wheat of a season to which this section applies is acquired by
the Board under this Act, the Board shall pay for that wheat such amount as is
determined by the Minister in accordance with sub-section (3).

(3) The Minister shall determine an amount payable under sub-section (2) in
respect of wheat of a season by calculating an amount equal to the amount that
the final advance payment in respect of the wheat under sub-section 26 (4)
would have been if-

   (a)  section 26 were applicable to wheat of that season;

   (b)  references in that section to the guaranteed minimum price for wheat
        of any category were references to the net pool return rate for wheat
        of that season;

   (c)  the net pool return for that season were reduced by an amount (if any)
        equal to the amount, or the sum of the amounts, deducted by the Board
        from the disposal of wheat of that season and paid into a reserve
        account under section  7 ; and

   (d)  the net pool return for that season were adjusted to take into account
        the result of any contract or dealing of the kind referred to in
        sub-paragraph 16 (2) (d) (i) that was entered into or that took place
        in relation to that season.

(4) The Board may, with the approval of the Minister, make advances on account
of payments referred to in sub-section (2).

(5) The obligation of the Board under this section in respect of any wheat is
subject to the operation of the Wheat Tax Acts.

(6) For the purposes of this section, the net pool return rate for wheat of a
season shall be calculated as if the net pool return for that season were
calculated taking into account the adjustments referred to in paragraphs (3)
(c) and (d).