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This is a Bill, not an Act. For current law, see the Acts databases.


DRIED FRUITS (REPEAL) BILL 1998

                    PARLIAMENT OF VICTORIA

                    Dried Fruits (Repeal) Act 1998
                                  Act No.


                       TABLE OF PROVISIONS
Clause                                                    Page
  1.     Purposes                                            1
  2.     Commencement                                        2
  3.     Definitions                                         2
  4.     Trustee to be successor in law of former Board      3
  5.     Former Fund                                         4
  6.     Former Board instruments                            4
  7.     Interests in land                                   4
  8.     Amendment of Register                               5
  9.     Taxes                                               5
  10.    Annual report                                       5
  11.    Repeal of Dried Fruits Act 1958                     6
                            

NOTES                                                        7




                                      i
532067B.I1-8/4/98

 


 

PARLIAMENT OF VICTORIA A BILL to repeal the Dried Fruits Act 1958, to transfer the property, assets, rights and liabilities of the Victorian Dried Fruits Board to a trust established for the purpose of promoting the development of the dried fruits industry and for other purposes. Dried Fruits (Repeal) Act 1998 The Parliament of Victoria enacts as follows: 1. Purposes The purposes of this Act are-- (a) to repeal the Dried Fruits Act 1958; and (b) to provide for the transfer of the property, 5 assets, rights and liabilities of the Victorian Dried Fruits Board to a trust established for the purpose of promoting the development of the dried fruits industry. 1 532067B.I1-8/4/98

 


 

Dried Fruits (Repeal) Act 1998 s. 2 Act No. 2. Commencement (1) Section 1 and this section come into operation on the day on which this Act receives the Royal Assent. 5 (2) The remaining provisions of this Act come into operation on 1 July 1998. 3. Definitions In this Act-- "commencement day" means 1 July 1998; 10 "former Act" means the Dried Fruits Act 1958 as in force immediately before its repeal; "former Board" means the Victorian Dried Fruits Board established under Part II of the former Act; 15 "former Board instrument" means an instrument (including a legislative instrument other than this Act and the former Act and regulations under that Act) or an oral agreement subsisting immediately 20 before the commencement day-- (a) to which the former Board was a party; or (b) that was given to or in favour of the former Board; or 25 (c) that refers to the former Board; or (d) under which-- (i) money is, or may become, payable to or by the former Board; or 30 (ii) other property is to be, or may become liable to be, transferred to or by the former Board; 2 532067B.I1-8/4/98

 


 

Dried Fruits (Repeal) Act 1998 s. 4 Act No. "former Board property" means property, rights or liabilities of the former Board that, under this Act, have vested in, or become liabilities of, the trustee; 5 "former fund" means the Dried Fruits Fund established under section 16 of the former Act; "liabilities" means all liabilities, duties and obligations, whether actual, contingent or 10 prospective; "property" means any legal or equitable estate or interest (whether present or future and whether vested or contingent) in real or personal property of any description; 15 "rights" means all rights, powers, privileges and immunities, whether actual, contingent or prospective; "trust deed" means the trust deed executed by Dried Fruits Trust Inc. as trustee on 7 April 20 1998 as amended and in force for the time being; "trustee" means Dried Fruits Trust Inc. 4. Trustee to be successor in law of former Board On the commencement day-- 25 (a) the former Board is abolished and its members go out of office; (b) all property and rights that, immediately before that day, were vested in the former Board are, by force of this section, vested in 30 the trustee; (c) all liabilities of the former Board existing immediately before that day become, by force of this section, liabilities of the trustee; 3 532067B.I1-8/4/98

 


 

Dried Fruits (Repeal) Act 1998 s. 5 Act No. (d) the trustee is, by force of this section, substituted as a party to any proceeding pending in any court or tribunal to which the former Board was a party immediately 5 before that day; (e) the trustee is, by force of this section, substituted as a party to any arrangement or contract entered into by or on behalf of the former Board as a party and in force 10 immediately before that day; (f) any reference to the former Board in any Act (other than this Act) or in any subordinate instrument within the meaning of the Interpretation of Legislation Act 1984 15 must, so far as it relates to any period occurring on or after that day and if not inconsistent with the context or subject- matter, be construed as a reference to the trustee. 20 5. Former Fund On the commencement day, all money standing to the credit of the former fund immediately before that day, vests in the trustee and may be dealt with in accordance with the trust deed. 25 6. Former Board instruments Each former Board instrument relating to former Board property continues to have effect according to its tenor on and after the commencement day as if a reference in the instrument to the former 30 Board were a reference to the trustee. 7. Interests in land Without prejudice to the generality of this Act and despite anything to the contrary in any other Act or law if, immediately before the commencement 35 day, the former Board is, in relation to former 4 532067B.I1-8/4/98

 


 

Dried Fruits (Repeal) Act 1998 s. 8 Act No. Board property, the registered proprietor of an interest in land under the Transfer of Land Act 1958, then on and after that day-- (a) the trustee is to be taken to be the registered 5 proprietor of that interest in land; and (b) the trustee has the same rights and remedies in respect of that interest as the former Board had. 8. Amendment of Register 10 The Registrar of Titles, on being requested to do so and on delivery of any relevant certificate of title or other instrument, must make any amendments in the Register that are necessary because of the operation of this Act. 15 9. Taxes No stamp duty or other tax is chargeable under any Act in respect of anything effected by or done under this Act or in respect of any act or transaction connected with or necessary to be 20 done by reason of this Act, including a transaction entered into or an instrument made, executed, lodged or given, for the purpose of, or connected with the transfer of property, rights or liabilities of the former Board. 25 10. Annual report The trustee must prepare and submit the report of operations and financial statements of the former Board for its final financial year in accordance with Part 7 of the Financial Management Act 30 1994. 5 532067B.I1-8/4/98

 


 

Dried Fruits (Repeal) Act 1998 s. 11 Act No. 11. Repeal of Dried Fruits Act 1958 No. 6239. The Dried Fruits Act 1958 is repealed. Reprint No. 2 as at 6 November 1991. Further amended by Nos 31/1994, 65/1994, 43/1995 and 45/1997. 6 532067B.I1-8/4/98

 


 

Dried Fruits (Repeal) Act 1998 Notes Act No. NOTES By Authority. Government Printer for the State of Victoria. 7 532067B.I1-8/4/98

 


 

Dried Fruits (Repeal) Act 1998 Act No. 8 532067B.I1-8/4/98

 


 

 


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