COPPER BOUNTY.

No. 93 of 1963.

An Act to amend the Copper Bounty Act 1958–1960.

[Assented to 31st October, 1963.]

[Date of commencement, 28th November, 1963.]

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

Short title and citation.

1.—(1.) This Act may be cited as the Copper Bounty Act 1963.

(2.) The Copper Bounty Act 1958–1960 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the Copper Bounty Act 1958–1963.

Interpretation.

2. Section three of the Principal Act is amended—

(a) by omitting from sub-section (1.) the definition of “the prescribed quantity”;

(b) by omitting from paragraph (f) of sub-section (2.) the word “and”; and

(c) by adding at the end of sub-section (2.) the following paragraphs:—

“(h) the year commencing on the first day of January, One thousand nine hundred and sixty-four; and

“(i) the year commencing on the first day of January, One thousand nine hundred and sixty-five.”.

Reduction of bounty where profits exceed ten per cent per annum.

3. Section eight of the Principal Act is amended by omitting sub-section (6.) and inserting in its stead the following sub-section:—

“(6.) The bounty payable to a producer in respect of refined copper sold in a period to which this Act applies shall not be reduced as provided by this section if—

(a) where the period in which the refined copper is sold is the period to which this Act applies specified in paragraph (a), (b), (e) or (f) of sub-section (2.) of section three of this Act—the quantity of refined copper obtained in that period from copper ore produced by that producer is less than fifty tons;

(b) where the period in which the refined copper is sold is the period to which this Act applies specified in paragraph (c), (d) or (g) of that sub-section—the quantity of refined copper obtained in that period from copper ore produced by that producer is less than twenty-five tons; and

(c) where the period in which the refined copper is sold is the period to which this Act applies specified in paragraph (h) or (i) of that sub-section—the quantity of refined copper obtained in the period commencing on the first day of January, One thousand nine hundred and sixty-four, and ending on the thirty-first day of December, One thousand nine hundred and sixty-five, from copper ore produced by that producer is less than one hundred tons.”.

Return for Parliament.

4. Section twenty-one of the Principal Act is amended by omitting from paragraph (a) of sub-section (1.) the words “being a producer who, in that period, sold for use in Australia not less than the prescribed quantity of refined copper” and inserting in their stead the words “not being a producer referred to in sub-section (6.) of section eight of this Act”.

5. After section twenty-one of the Principal Act the following section is inserted:—

Delegation.

“21a.—(1.) The Minister or the Comptroller-General may either generally or in relation to a matter or class of matters and either in relation to the whole of the Commonwealth or to a State or part of the Commonwealth, by writing under his hand, delegate all or any of his powers and functions under this Act (except this power of delegation).

“(2.) A power or function so delegated may be exercised or performed by the delegate in accordance with the instrument of delegation.

“(3.) A delegation under this section is revocable at will and does not prevent the exercise of a power or the performance of a function by the Minister or the Comptroller-General, as the case may be.”.