Wool (Deficiency Payments) Act 1971
16Persons by whom deficiency payments to be made
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16.—(1.) Deficiency payments shall be made on behalf of the Commonwealth by registered persons and the Commission, in accordance with this section.
(2.) Subject to this section, a deficiency payment that has become payable by reason of the sale of wool at an auction conducted by a registered broker shall be paid by the registered broker.
(3.) A deficiency payment that has become payable by reason of the sale of wool, otherwise than as P.A.P. wool, at an auction conducted by a registered broker, where the wool was delivered to the broker in the name of a registered classing house, shall be made by the registered classing house.
(4.) A deficiency payment that has become payable by reason of the sale of wool to a registered merchant shall be paid by the registered merchant.
(5.) A deficiency payment that has become payable, upon the delivery of wool to a registered person, by reason of a previous sale of the wool to a person other than a registered merchant, shall be paid by the registered person.
(6.) A deficiency payment that has become payable by reason of the sale of wool as P.A.P. wool shall be paid by the registered broker or registered wool classing house by whom the wool was identified as wool for marketing under the price averaging plan.
(7.) A deficiency payment that has become payable by reason of a sale by tender of wool through the agency of a registered seller by tender shall be paid by the registered seller by tender.
(8.) A deficiency payment that has become payable by reason of a sale of wool to the Commission, not being a sale referred to in sub-section (2.), (3.) or (6.) of this section, shall be paid by the Commission.
(9.) A deficiency payment that has become payable by reason of the use of the wool in manufacture by the producer shall be paid by the Commission.
(10.) A deficiency payment that has become payable by reason of the exportation of wool shall be paid—
(a) if exportation was effected by a registered export agent on behalf of the producer—by the registered export agent; or
(b) in any other case—by the Commission.
(11.) A registered person shall not make a deficiency payment that has become payable, upon delivery to him of wool, by reason of a previous sale of the wool by the producer to another person, unless the registered person has received into his possession a record of that sale, in a form approved by the Secretary and verified, as required by the form, by or on behalf of the vendor and purchaser.
(12.) A registered merchant shall not make a deficiency payment that has become payable by reason of the sale of wool to him by the producer unless he has in his possession a record of the sale, in a form approved by the Secretary, verified, as required by the form, by or on behalf of the producer and himself, as purchaser.