Australian Wool Research and Promotion Organisation Act 1993
51Current recommendation
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51 Current recommendation
(1) For the purposes of sections 49 and 50, the current recommendation applying to a financial year is ascertained in accordance with this section. (2) In this section, a reference to a recommendation approved in a financial year is a reference to:
(a) a recommendation of a kind to which subsection (3) applies approved in that year by wool‑tax payers by means of a postal ballot conducted under the regulations; or
(b) a recommendation of a kind to which subsection (3) applies as varied in that year by another recommendation approved by wool‑tax payers by means of a postal ballot conducted under the regulations.
(3) This subsection applies to the following recommendations:
(a) a recommendation that:
(i) an amount equal to a specified percentage of the sale value of shorn wool other than carpet wool, or of carpet wool, subject to tax be paid by the Commonwealth to the Organisation during the financial year or years to which the recommendation applies for research and development; and
(ii) accordingly, the percentage recommended under subparagraph (i) be taken into account in fixing the rate of tax that is to be prescribed in respect of shorn wool other than carpet wool, or carpet wool, as the case may be, for the purposes of the application of each of the Wool Tax Acts in respect of that year or those years;
(b) a recommendation that:
(i) an amount equal to a specified percentage of the sale value of shorn wool other than carpet wool, or of carpet wool, subject to tax be paid by the Commonwealth to the Organisation during the financial year or years to which the recommendation applies for wool promotion;
(ii) accordingly, the percentage recommended under subparagraph (i) be taken into account in fixing the rate of tax that is to be prescribed in respect of shorn wool other than carpet wool, or carpet wool, as the case may be, for the purposes of the application of each of the Wool Tax Acts in respect of that year or those years.
(4) The year or years to which a recommendation applies are ascertained as follows:
(a) a recommendation approved in a financial year that commenced on 1 July 1993 and in force immediately before the commencement of this Act applies to each of the financial years of the triennium commencing on 1 July 1994;
(b) a recommendation approved in the first or second year of a triennium applies to the remaining year or years of the triennium;
(c) a recommendation approved in the last year of a triennium applies to all of the years of the following triennium.
(5) The total of the percentages specified in recommendations that are approved under this section in relation to a particular kind of wool for the same financial year must not exceed the difference between: