{"id":"C1953A00017","name":"Queensland Tobacco Leaf Marketing Board Guarantee Act 1953","slug":"queensland-tobacco-leaf-marketing-board-guarantee-act-1953","collection":"act","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"17 of 1953","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":4738,"registerId":"commonwealth-C1953A00017-current","compilationNumber":null,"startDate":"2026-03-30","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Queensland Tobacco Leaf Marketing Board Guarantee Act 1953","content":"QUEENSLAND TOBACCO LEAF MARKETING BOARD GUARANTEE.\n\nNo. 17 of 1953.\n\nAn Act to authorize the Commonwealth to Guarantee the Repayment of certain Loans to be made by the Commonwealth Bank of Australia to the Queensland Tobacco Leaf Marketing Board.\n\n\\[Assented to 8th April, 1953.\\]\n\nBE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—\n\nShort title.\n\n    This Act may be cited as the Queensland Tobacco Leaf Marketing Board Guarantee Act 1953.\n\n  \n\nCommencement.\n\n2. This Act shall come into operation on the day on which it receives the Royal Assent.\n\nDefinition.\n\n3. In this Act. “the Tobacco Leaf Marketing Board” means The Tobacco Leaf Marketing Board which was constituted by Order in Council made on the twenty-second day of July, One thousand nine hundred and forty-eight, under The Primary Producers’ Organisation and Marketing Acts, 1926 to 1946 of the State of Queensland.\n\nTreasurer may guarantee loans to Board.\n\n4. The Treasurer may, for and on behalf of the Commonwealth, guarantee—\n\n(a) the repayment to the Commonwealth Bank of Australia of any loans, not exceeding in the aggregate the sum of One hundred thousand pounds, that are, during the period of three months which commenced on the nineteenth day of March, One thousand nine hundred and fifty-three, made by that bank to the Tobacco Leaf Marketing Board; and\n\n(b) the payment to that bank of interest on those loans.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1471},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"This is the original 1953 Act. Its scope remains strictly limited to guaranteeing specific loans made during the three-month period from March to June 1953."},"complexity_factors":["Only 4 operative sections","Single defined term ('the Tobacco Leaf Marketing Board')","No cross-references to other Commonwealth legislation","Simple temporal and monetary conditions only (3-month window, £100,000 cap)","No exceptions, exemptions, delegated powers, or regulatory mechanisms"],"plain_english_summary":"The Act authorises the Commonwealth Treasurer to guarantee up to £100,000 of bank loans (principal and interest) made in a three‑month window from 19 March 1953 to the Queensland Tobacco Leaf Marketing Board. It binds the Commonwealth to pay the lender if the Board defaults, affecting the Board, the Commonwealth Bank as lender, and ultimately taxpayers. The guarantee provided a short‑term federal backstop so the Board could buy tobacco crops at harvest."}},"importantCases":[],"_links":{"self":"/api/acts/queensland-tobacco-leaf-marketing-board-guarantee-act-1953","history":"/api/acts/queensland-tobacco-leaf-marketing-board-guarantee-act-1953/history","analysis":"/api/acts/queensland-tobacco-leaf-marketing-board-guarantee-act-1953/analysis","conflicts":"/api/acts/queensland-tobacco-leaf-marketing-board-guarantee-act-1953/conflicts","importantCases":"/api/acts/queensland-tobacco-leaf-marketing-board-guarantee-act-1953/important-cases","documents":"/api/acts/queensland-tobacco-leaf-marketing-board-guarantee-act-1953/documents"}}