National Cattle Disease Eradication Trust
Account Act 1991

No. 23 of 1991

An Act to continue in existence the National Cattle
Disease Eradication Trust Account, and for related
purposes

[Assented to 22 February 1991]

The Parliament of Australia enacts:

Short title

1. This Act may be cited as the National Cattle Disease Eradication Trust Account Act 1991.

Commencement

2. This Act commences at the commencement of the Primary Industries Levies and Charges Collection Act 1991.

Interpretation

3. In this Act, unless the contrary intention appears:

“the Account” means the National Cattle Disease Eradication Trust Account continued in existence by section 4.

National Cattle Disease Eradication Trust Account

4. (1) The National Cattle Disease Eradication Trust Account established under the Live-stock Slaughter Levy Collection Act 1964

continues in existence under that name as a Trust Account for the purposes of section 62a of the Audit Act 1901.

(2) The money and investments that, immediately before the commencement of this Act, constituted the Account continue to form part of the Account.

Payment into the National Cattle Disease Eradication Trust Account

5. (1) There are to be paid into the Account:

(a) amounts equal to the amounts of levy received by the Commonwealth under the Live-stock Slaughter Levy Act 1964; and

(b) amounts equal to the amounts of charge received by the Commonwealth under paragraphs 7 (1) (c) and 10 (1) (c) of the Live-stock Export Charge Act 1977; and

(c) amounts advanced out of the Consolidated Revenue Fund for the purposes of the Account; and

(d) interest from the investment of money standing to the credit of the Account.

(2) Amounts payable into the Account under paragraphs (1) (a) and (b) are payable out of the Consolidated Revenue Fund, which is appropriated accordingly.

Application of National Cattle Disease Eradication Trust Account

6. Money standing to the credit of the Account may, with the approval of the Minister, be expended:

(a) in making payments to the States, and in meeting costs incurred by the Commonwealth, for the purpose of the eradication of any disease of cattle that is endemic in Australia; and

(b) in making payments to the Consolidated Revenue Fund in respect of advances referred to in paragraph 5 (1) (c) or in respect of any expenses connected with the eradication of any disease of cattle that is endemic in Australia that have been paid out of that Fund.

House of Representatives on 5 December 1990

Senate on 18 February 1991]