Federal Register of Legislation - Australian Government

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Dairy Produce Regulations (Amendment)

  • - C2004L04271
  • No longer in force
SR 1982 No. 193 Regulations as made
These Regulations amend the Dairy Produce Regulations.
Tabling HistoryDate
Tabled HR24-Aug-1982
Tabled Senate24-Aug-1982
Gazetted 12 Aug 1982
Date of repeal 01 Jul 1986
Repealed by Repeal of the enabling legislation by Dairy Legislation (Transitional Provisions and Consequential Amendments) Act 1986

1982 No. 193*1* Dairy Produce Regulations*2* (Amendment)

*1* Notified in the Commonwealth of Australia Gazette on 12 August 1982.

*2* Statutory Rules 1977 No. 109 as amended by Statutory Rules 1977 No. 232;
1978 No. 99.

1982 No. 193 Dairy Produce Regulations (Amendment) - SECT. 1.

After regulation 4 of the Dairy Produce Regulations the following regulation is inserted:
Functions of Corporation
"4A. (1) For the purposes of paragraph 13 (f) of the Act the following function is prescribed, that is to say, to provide assistance by way of loans to trading corporations engaged in the manufacture of dairy produce, being loans-
(a) calculated, at a rate per tonne approved by the Minister, by reference to the quantity of dairy produce held in store by the trading corporation, being dairy produce manufactured by the trading corporation;
(b) secured by a charge over assets of the trading corporation; and
(c) made on terms that require the repayment of the loan at a time that is not later than the time at which-
(i) the dairy produce in respect of which the loan is made is removed by the trading corporation from premises at which it is held in store; or
(ii) any payment is received by the trading corporation in respect of the dairy produce,
whichever first occurs.

"(2) In sub-regulation (1), 'trading corporation' means a trading corporation within the meaning of paragraph 51(xx) of the Constitution, being a trading corporation formed within the limits of the Commonwealth.".