Expressions defined in the Primary Industries Levies and Charges Disbursement Act 2024
4AA Expressions defined in the Primary Industries Levies and Charges Disbursement Act 2024
For the purposes of this Act, work out what are the following under the definitions in Part 1 of the Primary Industries Levies and Charges Disbursement Act 2024:
designated primary industry sector in relation to the Authority;
research and development;
research and development activity.
The definitions in that Act apply, in part, in relation to a statutory recipient body, which includes the Authority.
102 Sections 32 to 33
Repeal the sections.
103 Subsection 35(1)
Omit “The”, substitute “Subject to this section, the”.
104 Paragraph 35(1)(ab)
Repeal the paragraph.
105 Paragraph 35(1)(ac)
Omit “when the relevant payments are made”.
106 Paragraph 35(1)(ad)
Repeal the paragraph, substitute:
in payment to the Commonwealth of amounts payable under the Primary Industries Levies and Charges Disbursement Act 2024; and
107 Subsection 35(1A)
Repeal the subsection, substitute:
Money paid to the Authority under the Primary Industries Levies and Charges Disbursement Act 2024 may be spent by the Authority only in accordance with that Act.
108 Subsection 35(1B)
Omit “After 30 June 2015, the”, substitute “The”.
109 Subsections 35(1C) and (1D)
Repeal the subsections.
110 Before subsection 35(2)
Insert:
No limit on investments
111 Section 36
Repeal the section.
112 Division 4 of Part VIA (heading)
Repeal the heading, substitute:
This Act’s bill:Explanatory memorandumSecond reading speech
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