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BOUNTY LEGISLATION AMENDMENT ACT 1990 No. 42 of 1990 - SCHEDULE 1

                           SCHEDULE 1                    Section 3

AMENDMENTS OF VARIOUS ACTS
Bounty and Subsidy Legislation Amendment Act (No. 2) 1988 The item in Schedule
1 that amends the definition of "bounty period" in subsection 2 (1) of the
Bounty (Printed Fabrics) Act 1981:
After "31 December 1988" insert "(wherever occurring)". The item in Schedule 1
that amends the definition of "bounty period" in subsection 2 (1) of the
Bounty (Textile Yarns) Act 1981:
After "31 December 1988" insert "(wherever occurring)".
Bounty (Books) Act 1986 Subsection 4 (1) (definition of "production run"):
Omit the definition, substitute the following definition:

" 'production run' means a number of books, each being a book:

   (a)  the contents of which are the same as the contents of all of the other
        books; and

   (b)  the binding of which is completed as part of the same binding
        operation that extends to all of the other books;". Paragraph 5 (1)
        (p):
Omit "produced by a manufacturer or manufacturers in", substitute
"comprising". Paragraph 5 (1) (u):
Omit the paragraph, substitute the following paragraph:

"(u) a book that the Comptroller is satisfied was, or will be, after 1 July
1990, exported, either directly or indirectly through another country or other
countries, to New Zealand.". Paragraph 10 (3) (b):
Omit "that was produced", substitute "included". Subsection 14 (3):
Omit "produced", substitute "included".
Bounty (Computers) Act 1984 Subsection 9 (6):
After the subsection, insert the following subsection:

"(6A) Bounty is not payable in respect of bountiable equipment that the
Comptroller is satisfied was, or will be, after 1 July 1990, exported, either
directly or indirectly through another country or other countries, to New
Zealand.".
Bounty (Metal Working Machines and Robots) Act 1985 Subsection 16 (11):
After the subsection, insert the following subsection:

"(11A) Bounty is not payable in respect of bountiable equipment that the
Comptroller is satisfied was, or will be, after 1 July 1990, exported, either
directly or indirectly through another country or other countries, to New
Zealand.".
Bounty (Ships) Act 1989 Paragraph 5 (1) (c):
Omit the paragraph, substitute the following paragraph:

"(c) the direct material costs incurred by the shipbuilder in respect of goods
that are:

        (i)    actually incorporated in the vessel or in the modification of
               the vessel, as the case requires; or

        (ii)   consumed in the construction or modification of the vessel, as
               the case requires;". Subparagraph 5 (1) (e) (ii):
After "incorporated" insert "or consumed". Subsection 5 (3):
Omit the subsection, substitute the following subsection:

"(3) For the purposes of subsection (1), material costs incurred by a
shipbuilder in respect of goods that are:

   (a)  actually incorporated in the bountiable vessel, in the modification of
        the bountiable vessel, or in the fitting out of the bountiable vessel;
        or

   (b)  consumed in the construction of the bountiable vessel, in the
        modification of the bountiable vessel, or in the fitting out of the
        bountiable vessel; means the full into-store cost to the shipbuilder
        of goods so used and, without limiting the generality of the
        foregoing, includes costs incurred by the shipbuilder in respect of
        materials used in, or component parts of, the bountiable vessel, that
        are imported from a foreign country, including any freight or
        insurance costs associated with that importation that are paid by the
        shipbuilder.".
Bounty (Textile Yarns) Act 1981 Subsection 7 (1):
After the subsection, insert the following subsection:

"(1A) Bounty is not payable in respect of bountiable yarn that the Comptroller
is satisfied was, or will be, after 1 July 1990, exported, either directly or
indirectly through another country or other countries, to New Zealand.".
Subsection 10B (1):

   (a)  Omit "$100", substitute "$200".

   (b)  Omit the penalty, substitute the following penalty:

"Penalty: $3,000.". Subsection 10B (4):
Omit "$100", substitute "$200". Subsection 10BA (6):
Omit the penalty, substitute the following penalty:

"Penalty: $3,000.". Subsection 10BA (7):
Omit the penalty, substitute the following penalty:

"Penalty: Imprisonment for 6 months.". Subsection 10BB (1):
Omit the penalty, substitute the following penalty:

"Penalty: $3,000.". Paragraph 10BB (4) (b):
Omit "$100", substitute "$200". Subsection 10C (1):
Omit "$100", substitute "$200". Subsection 15 (2):
Omit the penalty, substitute the following penalty:

"Penalty: $3,000.". Subsection 16 (1B):
Omit the penalty, substitute the following penalty:

"Penalty: Imprisonment for 6 months.". Subsection 18 (1):
Omit the penalty, substitute the following penalty:

"Penalty: Imprisonment for 6 months.". Subsection 18 (2):
Omit the penalty, substitute the following penalty:

"Penalty: Imprisonment for 5 years.". Subsection 18 (3):

   (a)  Omit "to the knowledge of the person" (wherever occurring).

   (b)  Omit the penalty, substitute the following penalty:

"Penalty: Imprisonment for 6 months.". Subsections 18 (9), (10) and (11):
Omit the subsections. 


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