Commonwealth Numbered Acts

BOUNTY AND SUBSIDY LEGISLATION AMENDMENT ACT 1986 No. 37 of 1986 - SECT 23

23. After section 3 of the Principal Act the following section is inserted:
Effect of amendments of Tariff Act

"3A. (1) Where-

   (a)  the Tariff Act is amended; and

   (b)  the amendment results in a vessel of a particular kind ceasing to be a
        bountiable vessel, the construction or modification of a vessel of
        that kind the construction or modification of which was commenced
        before, and completed after, the day on which the Tariff Act is
        amended shall, for the purposes of this Act, be deemed to have been
        completed on the day immediately preceding that day.

"(2) Where-

   (a)  the Tariff Act is amended;

   (b)  the amendment results in a vessel of a particular kind ceasing to be a
        bountiable vessel; and

   (c)  the day on which the Tariff Act is amended (in this sub-section
        referred to as the 'operative day') is earlier than-

        (i)    the day (if any) on which notice of intention to propose a
               Customs Tariff alteration by way of that amendment was
               published in the Gazette in accordance with section 273EA of
               the Customs Act 1901;

        (ii)   the day (if any) on which a Customs Tariff alteration by way of
               that amendment was proposed in the Parliament; or

        (iii)  the day on which the Bill for the Act making that amendment was
               introduced into the Parliament,
whichever occurred first, the construction or modification of a vessel of that
kind the construction or modification of which was-

   (d)  completed after the operative day and before the day referred to in
        sub-paragraph (c) (i), (ii) or (iii) that occurred first; or

   (e)  commenced before, and undertaken in pursuance of a firm order placed
        before, and completed after, the last-mentioned day, shall, for the
        purposes of this Act, be deemed to have been completed on the day
        immediately preceding the operative day.".