SUGAR AGREEMENT.

No. 61 of 1947.

An Act to approve an Agreement amending the Agreement approved by the Sugar Agreement Act 1946.

[Assented to 3rd December, 1947.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1. This Act may be cited as the Sugar Agreement Act 1947.

Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.

Approval of agreement.

3. The agreement made between His Majesty’s Government of the Commonwealth of Australia and His Majesty’s Government of the State of Queensland (a copy of which agreement is set forth in the Schedule to this Act) is approved.

Section 3. THE SCHEDULE.

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SUGAR AGREEMENT 1946–1951.

Supplementary Agreement.

Agreement made this seventeenth day of October One thousand nine hundred and forty-seven between the right honorable Joseph Benedict Chifley Prime Minister of the Commonwealth of Australia and herein acting for and on behalf of and with intent to bind the Government of the Commonwealth of Australia (hereinafter referred to as the Commonwealth Government) and not so as to incur or come under any personal liability in respect of these presents of the one part and the honorable Edward Michael Hanlon Premier and Chief Secretary of the State of Queensland and herein acting for and on behalf of and with intent to bind the Government of the State of Queensland (hereinafter referred to as the Queensland Government) and not so as to incur or come under any personal liability in respect of these presents of the other part.

Whereas by an Agreement (hereinafter referred to as the principal Agreement) known as the Sugar Agreement 1946–1951 a copy of which Agreement is contained in the Schedule to the Sugar Agreement Act 1946 of the Commonwealth and made

between the right honorable Joseph Benedict Chifley Prime Minister of the Commonwealth of Australia therein acting for and on behalf of and with intent to bind the Commonwealth Government of the one part and the honorable Frank Arthur Cooper then Premier of the State of Queensland therein acting for and on behalf of and with intent to bind the Queensland Government of the other part it was agreed amongst other things that the Queensland Government should during the period specified in the principal Agreement make sugar and other sugar products available at the prices and upon the terms and conditions specified in the principal Agreement

And whereas it has been agreed between the Commonwealth Government and the Queensland Government that the principal Agreement shall be varied in the manner and to the extent hereinafter set forth

Now therefore it is hereby agreed as follows:—

Commencement.

1. (1) This Agreement shall have no force or effect unless and until it is approved by the Parliament of the Commonwealth.

(2) This Agreement shall come into operation on the day that the same is so approved.

Price of sugar.

2. On and from the day on which this Agreement comes into operation and for so long thereafter as the principal Agreement remains in force the principal Agreement shall be amended as follows:—

In sub-clause (1) of Clause 5 of the principal Agreement all words and figures from and including the words “Refined Sugar of 1a Grade” to the end of the sub-clause are deleted and the following words and figures are inserted in lieu thereof.

Refined Sugar of 1a Grade:

Price for not less than half-ton lots for net cash—£37 6s. 8d. per ton.

Refined Sugar of 1xd Grade:

Price to manufacturers for net cash—£36 11s. 9d. per ton.

Other Grades of Refined Sugar and Golden Syrup and Treacle:

These prices shall be fixed at amounts not exceeding the respective proportionate values of such products compared with the above prices for refined sugar of 1a and 1xd grades.

Mill-White Sugar of good colour and not less than 98 net titre, and

First Quality Mill Sugar of not less than 98 net titre—

Price to manufacturers for definite orders at reasonable notice for net cash—£32 10s. 6d. per ton.

Price to other purchasers for not less than half-ton lots for definite orders at reasonable notice for net cash—£33 3s. 9d. per ton.

In witness whereof the Prime Minister of the Commonwealth of Australia and the Premier and Chief Secretary of the State of Queensland have for and on behalf of their respective Governments hereunto set their hands the day and year first above mentioned.