Commonwealth Numbered Regulations - Explanatory Statements

[Index] [Search] [Download] [Related Items] [Help]

AUSTRALIAN WOOL CORPORATION REGULATIONS 1991 NO. 215

STATUTORY RULES 1991 No. 215

Issued by the Authority of the Minister for State for Primary Industries and Energy

AUSTRALIAN WOOL CORPORATION ACT 1991

AUSTRALIAN WOOL CORPORATION REGULATIONS

Section 96 of the Australian Wool Corporation Act 1991 (the Act) empowers the Governor-General to make regulations for the purposes of the Act.

Subsections 21(3), 26(1) and 49(6) of the Act concern prescription of, respectively, the amount of the wool tax which has been collected and which is payable to the Australian Wool Corporation (the Corporation); the amount payable by the Corporation to the Commonwealth for exotic animal disease control; and those wool industry organisations whose members are not eligible to be appointed as members of the Corporation.

The regulation concerning wool tax provides that where the wool tax imposed by the Wool Tax Acts (Nos 1-5) 1964 on shorn wool (other than carpet wool) or carpet wool has been received by the Commonwealth, then an amount equal to 2.5% of the sale value of that wool is payable by the Commonwealth to the Corporation in the 1991/92 financial year.

The regulation concerning exotic animal disease control provides that an amount of $329,625 must be paid by the Corporation to the Commonwealth in each financial year ending before 1 July 1995 as a contribution to expenditure incurred by the Commonwealth under the Exotic Animal Disease Control Act 1959. That Act establishes the Exotic Animal Disease Preparedness Consultative Council (EXANDIS) and provides financial assistance for purposes related to the control and eradication of exotic animal diseases. The financial assistance is provided through a trust account which receives contributions from a range of animal industries, with expenditure from the account being matched by the Commonwealth.

The Australian Wool Corporation Act 1991 provides that before making regulations prescribing the amount payable by the Corporation, the GovernorGeneral must take into consideration any recommendation made to the Minister by those members of EXANDIS nominated by the National Farmers' Federation (NFF) and regulations shall not be made prescribing an amount greater than that last recommended. The NFF members of EXANDIS have recommended that the amount payable for 1991/92 be $329,625.

This regulation replaces a similar regulation made in May 1991 under the Wool Marketing Act 1987 which is to be repealed on 1 July 1991.

The regulation concerning Corporation membership prescribes those wool industry organisations whose members are not eligible under subsection 49(6) of the Act for appointment as a member of the Corporation.