📜 Carnarvon Banana Industry (Compensation Trust Fund) Repeal Bill 1998
Assented toLABill 1010 September 1998
This bill repeals the Carnarvon Banana Industry (Compensation Trust Fund) Act 1961. It establishes an account to manage the remaining funds, specifies how the money is to be applied, and outlines reporting requirements. The Act will be fully repealed when the account is empty.
Impact
The bill affects the Carnarvon banana industry by changing how compensation funds are managed and distributed. It ensures that remaining funds are used to promote the industry and cover expenses. The repeal simplifies administrative processes.
Key Changes
["Repeals the Carnarvon Banana Industry (Compensation Trust Fund) Act 1961", "Establishes the Carnarvon Banana Industry (Compensation Trust Fund) Account", "Specifies the application of funds for promoting the banana industry and covering expenses", "Outlines reporting requirements for the Carnarvon Banana Industry Compensation Committee", "Provides for the eventual repeal of the Act when the account is empty"]
Parliamentary Progress
- LA IntroducedLA10 Sept 1998
- LA Second Reading MovedLA15 Sept 1998
- LA Second Reading AgreedLA13 Oct 1998
- LA Third ReadingLA13 Oct 1998
- LC Second Reading MovedLC14 Oct 1998
- LC Second Reading AgreedLC11 Nov 1998
- LC Third ReadingLC11 Nov 1998
Affected Sectors
agriculturefinance
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