PHOSPHATE FERTILIZERS BOUNTY

AMENDMENT ACT 1976

No. 19 of 1976

An Act to amend the Phosphate Fertilizers Bounty Act 1963-1971.

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

Short title and citation.

1. (1) This Act may be cited as the Phosphate Fertilizers Bounty Amendment Act 1976.

(2) The Phosphate Fertilizers Bounty Act 1963-1971 is in this Act referred to as the Principal Act.

(3) The Principal Act, as amended by this Act, may be cited as the Phosphate Fertilizers Bounty Act 1963-1976.

Commencement.

2. This Act shall be deemed to have come into operation on 11 February 1976.

Specification of bounty.

3. Section 4 of the Principal Act is amended by adding at the end thereof the following sub-sections:—

“(2) Subject to this Act, bounty is also payable in respect of superphosphate and ammonium phosphate produced at registered premises and—

(a) during the period from and including 11 February 1976 to and including 30 June 1977, sold by the producer for use in Australia as a fertilizer; or

(b) used during the period referred to in paragraph (a) by the producer in the production in Australia of a fertilizer mixture for use in Australia.

“(3) Subject to this Act, bounty is also payable in respect of superphosphate and ammonium phosphate produced at registered premises and used after 31 December 1974 and before 11 February 1976 by the producer in the production in Australia of a fertilizer mixture for use in Australia, being a fertilizer mixture—

(a) that was not sold by the producer before 11 February 1976; or

(b) that—

(i) was sold by the producer before 11 February 1976;

(ii) immediately before 11 February 1976, was held by, or for, a person other than the producer for sale by that person for use in Australia; and

(iii) on or after 11 February 1976 was sold by that person at a price that would pass on to the purchaser the full benefit of the bounty.

“(4) Subject to this Act, bounty is also payable in respect of superphosphate and ammonium phosphate produced at registered premises and—

(a) after 31 December 1974 and before 11 February 1976, sold by the producer for use in Australia as a fertilizer;

(b) immediately before 11 February 1976, held by, or for, a person other than the producer for sale by that person for use in Australia as a fertilizer; and

(c) on or after 11 February 1976, sold by that person at a price that would pass on to the purchaser the full benefit of the bounty.”.

Rate of bounty in respect of super-phosphate.

4. Section 8 of the Principal Act is amended—

(a) by omitting from sub-sections (1) and (3) the words “Twelve dollars for each ton” and substituting the words “$11.81 for each tonne”; and

(b) by omitting from sub-section (2) the words “Sixty dollars for each ton” and substituting the words “$59.05 for each tonne”.

Rate of bounty in respect of ammonium phosphate.

5. Section 9 of the Principal Act is amended by omitting the words “Sixty dollars for each ton” and substituting the words “$59.05 for each tonne”.

Formal amendments.

6. The Principal Act is amended as set out in the Schedule.

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SCHEDULE Section 6

FORMAL AMENDMENTS