NITROGENOUS FERTILIZERS SUBSIDY AMENDMENT ACT (No. 2) 1976

No. 152 of 1976

An Act to amend the Nitrogenous Fertilizers Subsidy Act 1966.

BE IT ENACTED by the Queen, and the Senate and House of Representatives of the Commonwealth of Australia, as follows:—

Short title, &c.

1. (1) This Act may be cited as the Nitrogenous Fertilizers Subsidy Amendment Act (No. 2) 1976.

(2) The Nitrogenous Fertilizers Subsidy Act 1966 is in this Act referred to as the Principal Act.

Commencement.

2. (1) Subject to sub-section (2), this Act shall come into operation on the day on which it receives the Royal Assent.

(2) Section 4 shall come into operation on 1 January 1977.

Interpretation.

3. Section 3 of the Principal Act is amended by omitting from sub-section (2) the figures “1976” and substituting the figures “1977”.

Rate of subsidy.

4. Section 10 of the Principal Act is amended by omitting the figures “$78.74” and substituting the figures “$60.00”.

Application of section 4.

5. The amendment made by section 4 applies in relation to such goods in respect of which subsidy is payable as—

(a) being goods produced in Australia, are, after 31 December 1976 and before 1 January 1978, sold by the producer for use in Australia as a fertilizer; or

(b) being goods imported into Australia, are, after 31 December 1976 and before 1 January 1978, sold for use, or used by the importer, in Australia as a fertilizer.