Queensland Consolidated Acts

SUGAR INDUSTRY ACT 1999 - SECT 298

298 Transitional provision for Sugar Industry (Real Choice in Marketing) Amendment Act 2015

(1) This section applies to a contract (an
"existing cane supply contract" ) that, immediately before the commencement, was a supply contract in force under chapter 2 .

(2) Section 33B does not apply to the existing cane supply contract.

(3) Subsection (2) stops applying if both of the following happen—

(a) the current contract period for the existing cane supply contract ends or the contract is terminated;

(b) the current agreement period for an existing related raw sugar supply agreement, if any, for the existing cane supply contract ends or the agreement is terminated.

(4) Despite subsection (3) , subsection (2) stops applying on 1 July 2017.

(5) Section 34 , as in force immediately before the commencement, applies to—

(a) the existing cane supply contract; and

(b) any existing arbitration.

(6) Subsection (5) (a) stops applying—

(a) when the current period for the existing cane supply contract ends; or

(b) if the existing cane supply contract is terminated.

(7) Despite subsections (2) and (5) , the existing cane supply contract is taken to be a supply contract.

(8) In this section—

"current agreement period" , for an existing related raw sugar supply agreement, means the period stated in the agreement for which it is in force but does not include a period to which an extension or renewal of the agreement relates.

"current contract period" , for the existing cane supply contract—

(a) means the period stated in the contract for which it is in force; but

(b) if the contract is extended or renewed on or after the commencement, does not include a period to which the extension or renewal relates.

"existing arbitration" means an arbitration proceeding authorised by the existing cane supply contract that has started and not been completed before the commencement.

"existing related raw sugar supply agreement" , for the existing cane supply contract, means an agreement—

(a) for the sale of raw sugar that has been manufactured, or is to be manufactured, from the cane supplied, or to be supplied, under the existing cane supply contract; and

(b) that was in force immediately before the commencement.