Cellulose Acetate Flake Bounty

No. 68 of 1970

An Act relating to the Bounty on Cellulose Acetate Flake.

[Assented to 14 October 1970]

[Date of commencement 11 November 1970]

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 Cellulose Acetate Flake Bounty Act 1970.

(2.) The Cellulose Acetate Flake Bounty Act 1956-1969 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the Cellulose Acetate Flake Bounty Act 1956-1970.

Definitions.

2. Section 3 of the Principal Act is amended—

(a) by omitting from paragraph (e) of the definition of “period to which this Act applies” the word “or”; and

(b) by adding at the end of that definition the following word and paragraph:—

“or (g) the period that commenced on the first day of January, One thousand nine hundred and seventy and ended on the thirtieth day of June, One thousand nine hundred and seventy;”.

Extension of period in respect of which bounty is payable.

3. Section 3a of the Principal Act is amended by omitting sub-section (1.) and inserting in its stead the following sub-section:—

“(1.) The Governor-General may, by Proclamation, declare that a period commencing on the first day of July, One thousand nine hundred and seventy, and ending on such date as is specified in the Proclamation (being a date not later than the thirty-first day of December, One thousand nine hundred and seventy) is a period to which this Act applies.”.

Limit of available bounty.

4. Section 8 of the Principal Act is amended—

(a) by omitting from paragraph (g) of sub-section (1.) the word “and” (last occurring); and

(b) by inserting after that paragraph the following paragraph:—

“(ga) in respect of cellulose acetate flake sold during the period to which this Act applies that commenced on the first day of January, One thousand nine hundred and seventy —is One hundred and twelve thousand dollars; and”.