Commonwealth to be paid levy expenses etc
36 Commonwealth to be paid levy expenses etc
The Authority must pay to the Commonwealth amounts equal to the expenses incurred by the Commonwealth in relation to:
the collection or recovery of amounts referred to in paragraph 32(aa), (ab), (ac), (ad), (ae), (af), (ag) or (ah); and
the administration of section 32.
135 Section 38
Before “The report”, insert “(1)”.
136 Section 38
Omit “members”, substitute “directors”.
137 Section 38
Omit “Corporation”, substitute “Authority”.
138 At the end of section 38
Add:
The report prepared by the directors under section 9 of the Commonwealth Authorities and Companies Act 1997 on the operations of the Authority for a period must include:
particulars of:
the grape or wine research and development activities that the Authority coordinated or funded, wholly or partly, during the period; and
the amount that the Authority spent during the period in relation to each of those activities; and
which (if any) of those activities related to ecologically sustainable development; and
the impact of those activities on the grape industry and the wine industry; and
the entering into of agreements under section 10A during the period, and the Authority’s activities during the period in relation to agreements entered into under that section during or before the period; and
the entering into of agreements under section 10B during the period, and the Authority’s activities during the period in relation to agreements entered into under that section during or before the period; and
the making of grants under section 10C during the period; and
the Authority’s activities during the period in relation to applying for patents for inventions, commercially exploiting patented inventions and granting licences under patented inventions; and
the activities of any companies in which the Authority has an interest; and
any activities relating to the formation of a company; and
significant acquisitions and dispositions of real property by the Authority during the period; and
an assessment of the extent to which the Authority’s operations during the period have:
achieved the Authority’s objectives as stated in its corporate plan; and
implemented the annual operational plan applicable to the period; and
an assessment of the extent to which the Authority has, during the period, contributed to the attainment of the objects of this Act as set out in section 3.
The report prepared by the directors under section 9 of the Commonwealth Authorities and Companies Act 1997 on the operations of the Authority for a period must be published on the Authority’s website as soon as practicable after the report is tabled in the House of Representatives.
139 After section 38
Insert:
This Act’s bill:Explanatory memorandumSecond reading speech
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