Bulk Handling Act 1967

The charge referred to in section 34A shall not be imposed in respect of deliveries of grain or seed in a season subsequent to the 1973‑1974 season unless in respect of that season the Company has submitted to its shareholders a proposal setting out the amount thereof and the special object to which the charge is to be applied and has ascertained in accordance with the provisions of this section that they have agreed to the charge.

For the purpose of ascertaining whether its shareholders agree to the imposition of a charge under section 34A in respect of deliveries of grain or seed in a season subsequent to the 1973‑1974 season the Company shall, in respect of that season, in accordance with its articles of association, call a meeting in at least 2 places in each district from which a director is elected under its articles of association, and submit the proposal referred to in subsection (1) to each meeting so called.

The shareholders shall be considered as having agreed to a charge imposed under section 34A in respect of deliveries of grain or seed in respect of a season subsequent to the 1973‑1974 season if, and only if, in a majority of the districts a majority of the shareholders of the Company attending the meetings called under this section agree to a proposal in terms of subsection (1) and if a majority of all the shareholders attending those meetings also agree to the proposal.

For the purpose of ascertaining whether a proposal to impose a charge under section 34A in respect of deliveries of grain or seed in respect of a season subsequent to the 1973‑1974 season has been agreed to by the shareholders of the Company, the votes cast in each district shall be totalled and the votes cast in all the districts from which directors are elected to the Company shall also be totalled.

The Governor, upon being satisfied that the requirements of subsections (1) to (4) (both inclusive) have been complied with, may by Order in Council fix the charge to be paid to the Company under section 34A in respect of deliveries of grain or seed in a season subsequent to the 1973‑1974 season, but so that the amount of the charge —

in relation to wheat shall not exceed $1.10 per tonne; and

in relation to any other grain or seed, shall be that amount as is ascertained by varying the charge then fixed in relation to wheat by such an amount as represents the relative densities of wheat and that other grain or seed.