Statutory  Rules  1991   No. 87¹

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Bounty (Citric Acid) Regulations

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Bounty (Citric Acid) Act 1991.

          Dated 29 April 1991.

                                                                                        BILL HAYDEN

                                                                                        Governor-General

          By His Excellency’s Command,

D. BEDDALL

Minister of State for

Small Business and Customs

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Citation

                1.  These Regulations may be cited as the Bounty (Citric Acid) Regulations.

Interpretation

                2.  In these Regulations:

“the Act” means the Bounty (Citric Acid) Act 1991.

Prescribed conditions (subsections 15 (5) and (7))

                3.  (1)   For the purposes of subsection 15 (5) of the Act, the following conditions are prescribed:

               (a)  the applicant will undertake, or continue to undertake, research into, and development and commercialisation of, the production in Australia of bountiable citric acid;

               (b)  the applicant will contribute to research into the development of new products arising from, or associated with, the fermentation technology employed in the production of bountiable citric acid, with a view to the commercialisation of these products in Australia;

               (c)  the applicant will explore international market opportunities for bountiable citric acid and for the fermentation technology employed in the production of bountiable citric acid;

               (d)  the applicant will take all reasonable steps to ensure that maximum advantage is derived in Australia, by suitable licensing, franchising and other arrangements, from the expertise and know-how associated with the development of the fermentation technology employed in the production of bountiable citric acid and with the production of bountiable citric acid and related new products.

               (2)  For the purposes of subsection 15 (7) of the Act, the following conditions are prescribed:

               (a)  the registered person has undertaken, and will continue to undertake, research into, and development and commercialisation of, the production in Australia of bountiable citric acid;

               (b)  the registered person has contributed, and will continue to contribute, to research into the development of new products arising from, or associated with, the fermentation technology employed in the production of bountiable citric acid, with a view to the commercialisation of those products in Australia;

               (c)  the registered person has explored, and will continue to explore, international market opportunities for bountiable citric acid and for the fermentation technology employed in the production of bountiable citric acid;

               (d)  the registered person has taken, and will continue to take all reasonable steps to ensure that maximum advantage is derived in Australia, by suitable licensing, franchising and other arrangements, from the expertise and know-how associated with the development of the fermentation technology employed in the production of bountiable citric acid and with the production of bountiable citric acid and related new products.

NOTE

1.      Notified in the Commonwealth of Australia Gazette on 30 April 1991.