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Horticulture Marketing and Research and Development Services (Repeals and Consequential Provisions) Act 2000
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Horticulture Marketing and Research and Development Services (Repeals and Consequential Provisions) Act 2000
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(1) The Safety, Rehabilitation and Compensation Commission must, as soon as practicable after the transfer day, determine the amount (if any) by which the confirmed estimate of premium for each statutory authority for the relevant financial year should be reduced. (2) If: (a) an amount equal to the confirmed estimate of premium for a statutory authority for the relevant financial year has been paid to the Commonwealth under section 96G of the SRC Act; and (b) the amount of the confirmed estimate of premium is reduced as a result of a determination under subsection (1); the Secretary may, in writing, direct that an amount equal to the refund amount, or amounts that together add up to the refund amount, be paid to the industry services body in accordance with the direction. (3) A direction by the Secretary may be given subject to such conditions (if any) about the use or expenditure of the amount or amounts to which it relates as are set out in the direction. (4) If the Secretary gives a direction, the amount or amounts to which it relates are payable out of the Consolidated Revenue Fund, which is appropriated accordingly, to the industry services body. (5) The payment of an amount under subsection (4) must be made in accordance with the direction, and is subject to the conditions (if any) set out in the direction. (6) A copy of each direction must be published in the Gazette within 14 days after the direction is given. (7) The direction is not invalid merely because it has not been published as required under subsection (6). (8) In this section:
refund amount means the amount equal to the difference between the amount of confirmed estimate of premium for a statutory authority for the relevant financial year and the amount of that confirmed estimate as reduced because of a determination under subsection (1).
relevant financial year means the financial year in which the transfer day occurs.
(9) Expressions used in this section have the same meanings as they have in the SRC Act.