Apple and Pear Stabilization
No. 106 of 1972
An Act to amend section 11 of the Apple and Pear Stabilization Act 1971.
[Assented to 31 October 1972]
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 Apple and Pear Stabilization Act 1972.
(2.) The Apple and Pear Stabilization Act 1971, as amended by this Act, may be cited as the Apple and Pear Stabilization Act 1971–1972.
Commencement.
2. This Act shall come into operation on the day on which it receives the Royal Assent.
Rate of stabilization payment.
3. Section 11 of the Apple and Pear Stabilization Act 1971 is amended—
(a) by inserting in sub-section (2.), after the word “payment”, the words “, not being a stabilization payment in respect of fruit picked during the season referred to in the next succeeding sub-section,”; and
(b) by inserting after that sub-section the following sub-section:—
“(2a.) The rate of a stabilization payment in respect of fruit picked during the season that commenced on the first day of October, One thousand nine hundred and seventy-one, shall not exceed an amount per reputed bushel, or part of a reputed bushel, in each container of fruit equal to—
(a) Eighty cents; or
(b) a number of cents equal to the product of 80 and 4,900,000 divided by a number equal to the number of reputed bushels of fruit picked during that season that—
(i) is exported on consignment during that season; and
(ii) is sold after exportation and before the end of that season,
whichever is the lesser amount.”.