Commonwealth legislation

Wool International Regulations (Amendment)

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

143 of 1996

Collection

legislative instrument

Plain English Summary

2/10 complexity

What this does: This regulation sets the mandatory payment rate to Wool International (the government body that managed Australia's wool industry) to 0% for any financial year starting from 1 July 1996 onwards.

Why it matters: Under the Wool International Act 1993, certain payments to Wool International were calculated using a "prescribed percentage" (a formula-based contribution rate set by regulation). By setting this to zero, the regulation effectively eliminates mandatory contributions to the body. This was part of broader reforms to deregulate the wool industry and wind down statutory marketing arrangements.

Who is affected: Primarily wool growers and Wool International itself, as it removed a key funding mechanism for the organisation.

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Current sections

Direct links to the current provisions in Wool International Regulations (Amendment).

Wool International Regulations (Amendment)

Statutory Rules 1996 No. 1431

__________________

Wool International Regulations2 (Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Wool International Act 1993.

Dated 28 June 1996.

WILLIAM DEANE

Governor-General

By His Excellency’s Command,

JOHN ANDERSON

Minister for Primary Industries and Energy

____________

Commencement

1.1 These Regulations are taken to have commenced on the date of commencement of Schedule 6 to the Primary Industries and Energy Legislation Amendment Act (No. 1) 1996.

Amendment

2.1 The Wool International Regulations are amended as set out in these Regulations.

New regulation 4A

3.1 After regulation 4, insert:

Payments to Wool International—prescribed percentage

“4A. For the purposes of paragraph 43 (4) (b) of the Act, the percentage prescribed for a financial year commencing on or after 1 July 1996 is 0%.”.

_________________________________________________

NOTES

Note: 1. Notified in the Commonwealth of Australia Gazette on 5 July 1996.

Note: 2. Statutory Rules 1993 No. 336 as amended by 1994 Nos. 43 and 89.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Wool International Regulations (Amendment)