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


DAIRY INDUSTRY AND HERD IMPROVEMENT LEGISLATION REPEAL BILL 2000

                            Western Australia


       Dairy Industry and Herd Improvement
            Legislation Repeal Bill 2000

                              CONTENTS


                        Part 1 -- Preliminary
1.       Short title                                             2
2.       Commencement                                            2
3.       Arrangements for commencement of Part 2                 2
4.       Arrangements for commencement of Part 3                 3
5.       Definitions                                             3
6.       Day to be fixed for purposes of section 22              4
        Part 2 -- Repeal of Dairy Industry Act 1973
                 and related provisions
                       Division 1 -- Interpretation
7.       Definitions                                             5
         Division 2 -- Repeal and transitional provision
8.       Dairy Industry Act 1973 repealed                        5
9.       Performance of necessary transitional functions         5
         Division 3 -- Transfer of DIA's business to the
                          Company
10 .     Purposes of this Division                               6
11 .     Transfer of DIA's business to the Company               7
12 .     Determination of amount of consideration for sale       7
13 .     Consideration to be satisfied by allotment of shares    7
14 .     Minister to transfer shares                             8
15 .     DIA to prepare statement                                8
16 .     Values etc. may be estimated if necessary               8




                                                                page i
                                110--1
Dairy Industry and Herd Improvement Legislation Repeal Bill 2000



Contents



           Division 4 -- Consequential amendments to other
                               Acts
   17 .     Constitution Acts Amendment Act 1899                    9
   18 .     Financial Administration and Audit Act 1985             9
   19 .     Government Employees Superannuation Act 1987            9
   20 .     Public Sector Management Act 1994                       9
   21 .     Stock (Identification and Movement) Act 1970           10
             Part 3 -- Repeal of Herd Improvement
             Service Act 1984 and related provisions
                          Division 1 -- Interpretation
   22 .     Definitions                                            11
            Division 2 -- Repeal and transitional provision
   23 .     Herd Improvement Service Act 1984 repealed             11
   24 .     Performance of necessary transitional functions        11
           Division 3 -- Transfer of HISWA's business to the
                              Company
   25 .     Purposes of this Division                              12
   26 .     Transfer of HISWA's business to the Company            13
   27 .     Determination of amount of consideration for sale      13
   28 .     Consideration to be satisfied by allotment of shares   13
   29 .     Minister to transfer shares                            14
   30 .     HISWA to prepare statement                             14
   31 .     Values etc. may be estimated if necessary              14
           Division 4 -- Consequential amendments to other
                               Acts
   32 .     Financial Administration and Audit Act 1985            15
   33 .     Government Employees Superannuation Act 1987           15
   34 .     Public Sector Management Act 1994                      15
                 Part 4 -- Transitional provisions
   35.      Definitions                                            16
   36 .     Interpretation Act to apply                            17
   37 .     Members cease to hold office                           17
   38 .     References to former body in agreements and
            instruments                                            17
   39 .     Proceedings and remedies                               17
   40 .     Other things in progress                               18

page ii
       Dairy Industry and Herd Improvement Legislation Repeal Bill 2000



                                                              Contents



41 .      Records                                                18
42 .      Stamp duty                                             18
43 .      Annual report for part of year                         19
44 .      Completion of things commenced                         19
45 .      Further transitional provision may be made             19
46 .      Saving                                                 20
                   Part 5 -- Duration of Act
47 .      Duration of Act                                        21
                            Defined Terms




                                                                page iii
                           Western Australia


                     LEGISLATIVE ASSEMBLY



       Dairy Industry and Herd Improvement
            Legislation Repeal Bill 2000


                               A Bill for


An Act to --
     •      repeal the Dairy Industry Act 1973 and the Herd
           Improvement Service Act 1984;
     •      provide for the transfer of the assets and liabilities of the
           Dairy Industry Authority of Western Australia to a
           public company;
     •      provide for the transfer of the assets and liabilities of the
           Herd Improvement Service of Western Australia to a
           public company;
     •      consequentially amend certain Acts,
and for related purposes.



The Parliament of Western Australia enacts as follows:




                                                                   page 1
     Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
     Part 1          Preliminary

     s. 1



                              Part 1 -- Preliminary
     1.         Short title
                This Act may be cited as the Dairy Industry and Herd
                Improvement Legislation Repeal Act 2000.

5    2.         Commencement
          (1)   Unless this section specifies otherwise, the provisions of this
                Act come into operation on the day on which it receives the
                Royal Assent.
          (2)   Part 2 comes into operation on a day fixed by proclamation, but
10              the proclamation cannot be made until the Minister has given to
                the Governor a certificate in accordance with section 3.
          (3)   Part 3 comes into operation on a day fixed by proclamation, but
                the proclamation cannot be made until the Minister has given to
                the Governor a certificate in accordance with section 4.
15        (4)   Part 4 comes into operation on the earlier of the days fixed
                under subsections (2) and (3) or, if the days so fixed are the
                same day, on that day.

     3.         Arrangements for commencement of Part 2
                The Minister may give to the Governor the certificate required
20              by section 2(2) when the Minister is satisfied that --
                  (a) there is in existence a body incorporated under the
                        Corporations Law by the name "Dairy Western
                        Australia Limited" ("the Company");
                 (b) the provisions of the constitution of the Company are
25                      appropriate to achieve the purposes of Part 2 Division 3;
                  (c) the Company has in writing notified the Minister that it
                        agrees to the provisions of Part 2 Division 3, so far as
                        they affect the Company;



     page 2
          Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
                                               Preliminary          Part 1

                                                                       s. 4



            (d)   the employment of each person appointed under
                  section 17, 19 or 85 of the Dairy Industry Act 1973 has
                  been arranged with the Company or the person is
                  covered by provisions applicable under Part 6 of the
5                 Public Sector Management Act 1994; and
            (e)   all other necessary arrangements have been made for the
                  commencement of Part 2.

     4.   Arrangements for commencement of Part 3
          The Minister may give to the Governor the certificate required
10        by section 2(3) when the Minister is satisfied that --
            (a) there is in existence a body incorporated under the
                  Corporations Law by the name "Farmwest Services
                  Limited" ("the Company");
           (b) the provisions of the constitution of the Company are
15                appropriate to achieve the purposes of Part 3 Division 3;
            (c) the Company has in writing notified the Minister that it
                  agrees to the provisions of Part 3 Division 3, so far as
                  they affect the Company;
           (d) the employment of each person appointed under
20                section 12(1) of the Herd Improvement Service Act 1984
                  has been arranged with the Company or the person is
                  covered by provisions applicable under Part 6 of the
                  Public Sector Management Act 1994; and
            (e) all other necessary arrangements have been made for the
25                commencement of Part 3.

     5.   Definitions
          In this Act, unless the contrary intention appears --
          "DIA" means the Dairy Industry Authority of Western
               Australia established by section 10 of the Dairy Industry
30             Act 1973;



                                                                    page 3
    Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
    Part 1          Preliminary

    s. 6



               "HISWA" means the Herd Improvement Service of Western
                  Australia established by section 4 of the Herd Improvement
                  Service Act 1984.

    6.         Day to be fixed for purposes of section 22
5        (1)   The Minister is to fix a day for the purposes of the definition of
               "HISWA customers" in section 22.
         (2)   The Minister is to cause notice of the day fixed under
               subsection (1) to be published in the Gazette.




    page 4
              Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
            Repeal of Dairy Industry Act 1973 and related provisions      Part 2
                                                       Interpretation Division 1
                                                                             s. 7



     Part 2 -- Repeal of Dairy Industry Act 1973 and related
                          provisions
                              Division 1 -- Interpretation
     7.         Definitions
5               In this Part, unless the contrary intention appears --
                "appointed day" means the day fixed under section 2(2);
                "Company" means the body referred to in section 3(a);
                "dairy producer" means a person who immediately before the
                    appointed day was a dairyman as defined in the
10                  repealed Act;
                "repealed Act" means the Act repealed by section 8.

                Division 2 -- Repeal and transitional provision
     8.         Dairy Industry Act 1973 repealed
                The Dairy Industry Act 1973 is repealed.

15   9.         Performance of necessary transitional functions
          (1)   Despite the repeal effected by section 8, DIA continues in
                existence for the purpose of --
                  (a) receiving the notice referred to in section 12(4);
                  (b) performing the functions described in sections 15
20                      and 41; and
                  (c) reporting as required by section 66 of the Financial
                        Administration and Audit Act 1985 and section 43.
          (2)   The accountable authority, within the meaning of the Financial
                Administration and Audit Act 1985, of DIA also continues in
25              existence for the purpose described in subsection (1)(c).




                                                                          page 5
     Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
     Part 2          Repeal of Dairy Industry Act 1973 and related provisions
     Division 3      Transfer of DIA's business to the Company
     s. 10



           (3)   For the purposes of subsection (1) DIA --
                  (a) is to be constituted by a person appointed by the
                         Minister; and
                  (b) is to perform the functions referred to in that subsection
5                        through that person.
           (4)   The person referred to in subsection (3) holds office at the
                 pleasure of the Minister and on such terms and conditions as the
                 Minister determines.
           (5)   DIA has the powers that are necessary or convenient for the
10               purposes of subsection (1).
           (6)   The Minister is to provide the clerical or other assistance that
                 DIA reasonably requires for the purposes of subsection (1).

           Division 3 -- Transfer of DIA's business to the Company
     10.         Purposes of this Division
15         (1)   The purposes of this Division are to bring about --
                  (a) the transfer of the assets and liabilities of DIA to the
                        Company by way of sale of DIA's business;
                  (b) the issue to the Minister on behalf of the State of shares
                        in the Company ("the shares") equal to the net asset
20                      value of that business; and
                  (c) the transfer of the shares to dairy producers by the
                        Minister on behalf of the State.
           (2)   This to be done on the basis that the shares will be transferred to
                 dairy producers --
25                 (a) in the manner determined by the Minister after
                         consultation with the Company; and
                   (b) without their giving consideration for the transfer.




     page 6
               Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
             Repeal of Dairy Industry Act 1973 and related provisions     Part 2
                         Transfer of DIA's business to the Company    Division 3
                                                                           s. 11



     11.         Transfer of DIA's business to the Company
           (1)   On the appointed day the assets and rights of DIA are, by
                 operation of this section, transferred to the Company by way of
                 sale and without the need for any conveyance or assignment.
5          (2)   On and after the appointed day the liabilities of DIA are, by
                 operation of this section, the liabilities of the Company.
     12.         Determination of amount of consideration for sale
           (1)   The Minister, after consultation with the Company, is to
                 determine the net asset value of the business of DIA as at the
10               appointed day.
           (2)   The net asset value of the business is the total value of the assets
                 and rights transferred to the Company under section 11(1),
                 determined on the basis of their market value as at the appointed
                 day, less the amount of the liabilities transferred to the
15               Company under section 11(2).
           (3)   The Minister is to notify the Company in writing of --
                  (a) the net asset value determined under subsection (1); and
                  (b) the nominal value of the shares to be issued by the
                       Company under section 13.
20         (4)   A copy of the notice given under subsection (3) is to be given to
                 DIA.
     13.         Consideration to be satisfied by allotment of shares
           (1)   The consideration for the transfer effected by section 11 is that
                 the Company is to allot and issue to the Minister on behalf of
25               the State fully paid shares in the Company that have a total
                 value equal to the net asset value specified in the notice given to
                 the Company under section 12(3) ("the notice").
           (2)   The shares are to have the nominal value specified in the notice.
           (3)   The allotment and issue of shares is to be made as soon as is
30               practicable after the notice is given.

                                                                              page 7
     Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
     Part 2          Repeal of Dairy Industry Act 1973 and related provisions
     Division 3      Transfer of DIA's business to the Company
     s. 14



     14.         Minister to transfer shares
                 As soon as is practicable after the allotment and issue of shares
                 under section 13, the Minister is to transfer those shares to dairy
                 producers in the manner determined by the Minister after
5                consultation with the Company.

     15.         DIA to prepare statement
           (1)   As soon as is practicable after notice is given to the Company
                 under section 12(3), DIA is to prepare a statement showing as at
                 the appointed day --
10                 (a) a description of the assets and rights of DIA that have
                        been transferred to the Company under section 11; and
                   (b) a description of the liabilities of DIA that have become
                        the liabilities of the Company under that section.
           (2)   The statement is also to specify --
15                (a) the value of each asset as at the appointed day; and
                  (b) the amount of each liability, or category of liabilities, as
                         at that day,
                 as determined by the Minister under section 12(1).
           (3)   DIA is to cause the statement to be published in the Gazette for
20               public information.

     16.         Values etc. may be estimated if necessary
                 It is sufficient for the purposes of this Division for a value or
                 amount to be estimated if it is not reasonably practicable, for
                 those purposes, for --
25                  (a) a definite value to be assigned to an asset or right as at
                          the appointed day; or
                   (b) the exact amount of a liability, or category of liabilities,
                          to be determined as at that day.



     page 8
             Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
           Repeal of Dairy Industry Act 1973 and related provisions     Part 2
                          Consequential amendments to other Acts    Division 4
                                                                         s. 17



           Division 4 -- Consequential amendments to other Acts
     17.      Constitution Acts Amendment Act 1899
              Schedule V Part 3 to the Constitution Acts Amendment
              Act 1899* is amended by deleting the item commencing "The
5             Dairy Industry Authority".
              [* Reprinted as at 15 April 1999.
                 For subsequent amendments see Acts Nos. 26, 34, 38, 44 and
                 60 of 1999.]

     18.      Financial Administration and Audit Act 1985
10            Schedule 1 to the Financial Administration and Audit Act 1985*
              is amended by deleting "Dairy Industry Authority of Western
              Australia".
              [* Reprinted as at 9 July 1999.
                 For subsequent amendments see Acts Nos. 5, 8, 38 and 60 of
15               1999 and Gazette 16 November 1999, 24 December 1999 and
                 28 January 2000.]

     19.      Government Employees Superannuation Act 1987
              Schedule 1 Part B to the Government Employees
              Superannuation Act 1987* is amended by deleting "Dairy
20            Industry Authority of Western Australia".
              [* Reprinted as at 22 January 1999.
                 For subsequent amendments see Acts Nos. 53 of 1998 and 8
                 and 38 of 1999.]

     20.      Public Sector Management Act 1994
25            Schedule 2 to the Public Sector Management Act 1994* is
              amended by deleting item 6.
              [* Reprinted as at 26 March 1999.
                 For subsequent amendments see Acts Nos. 5 and 38 of 1999.]



                                                                       page 9
    Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
    Part 2          Repeal of Dairy Industry Act 1973 and related provisions
    Division 4      Consequential amendments to other Acts
    s. 21



    21.       Stock (Identification and Movement) Act 1970
              Section 30(2)(a)(i) of the Stock (Identification and Movement)
              Act 1970* is deleted.
              [* Reprinted as at 8 June 1995.
5                For subsequent amendments see 1998 Index to Legislation of
                 Western Australia, Table 1, p. 241.]




    page 10
               Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
           Repeal of Herd Improvement Service Act 1984 and related       Part 3
                                                         provisions
                                                     Interpretation Division 1
                                                                           s. 22


     Part 3 -- Repeal of Herd Improvement Service Act 1984
                   and related provisions
                               Division 1 -- Interpretation
     22.         Definitions
5                In this Part, unless the contrary intention appears --
                 "appointed day" means the day fixed under section 2(3);
                 "Company" means the body referred to in section 4(a);
                 "HISWA customers" means dairy farmers and beef farmers
                     who are shown in the records referred to in section 41(1) to
10                   have --
                     (a) been provided with services by HISWA for which
                           fees or charges were paid; or
                     (b) purchased ova, semen or equipment from HISWA,
                     at any time within the period of 3 years ending on the day
15                   fixed under section 6(1);
                 "repealed Act" means the Act repealed by section 23.

                 Division 2 -- Repeal and transitional provision
     23.         Herd Improvement Service Act 1984 repealed
                 The Herd Improvement Service Act 1984 is repealed.

20   24.         Performance of necessary transitional functions
           (1)   Despite the repeal effected by section 23, HISWA continues in
                 existence for the purpose of --
                   (a) receiving the notice referred to in section 27(4);
                   (b) performing the functions described in sections 30
25                       and 41; and
                   (c) reporting as required by section 66 of the Financial
                         Administration and Audit Act 1985 and section 43.

                                                                          page 11
     Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
     Part 3          Repeal of Herd Improvement Service Act 1984 and related
                     provisions
     Division 3      Transfer of HISWA's business to the Company
     s. 25


           (2)   The accountable authority, within the meaning of the Financial
                 Administration and Audit Act 1985, of HISWA also continues in
                 existence for the purpose described in subsection (1)(c).
           (3)   For the purposes of subsection (1) HISWA --
5                  (a)   is to be constituted by a person appointed by the
                         Minister; and
                  (b)    is to perform the functions referred to in that subsection
                         through that person.
           (4)   The person referred to in subsection (3) holds office at the
10               pleasure of the Minister and on such terms and conditions as the
                 Minister determines.
           (5)   HISWA has the powers that are necessary or convenient for the
                 purposes of subsection (1).
           (6)   The Minister is to provide the clerical or other assistance that
15               HISWA reasonably requires for the purposes of subsection (1).

      Division 3 -- Transfer of HISWA's business to the Company
     25.         Purposes of this Division
           (1)   The purposes of this Division are to bring about --
                  (a) the transfer of the assets and liabilities of HISWA to the
20                      Company by way of sale of HISWA's business;
                  (b) the issue to the Minister on behalf of the State of shares
                        in the Company ("the shares") equal to the net asset
                        value of that business; and
                  (c) the transfer of the shares to HISWA customers by the
25                      Minister on behalf of the State.
           (2)   This to be done on the basis that the shares will be transferred to
                 HISWA customers --
                  (a) in the manner determined by the Minister after
                         consultation with the Company; and


     page 12
               Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
           Repeal of Herd Improvement Service Act 1984 and related       Part 3
                                                         provisions
                      Transfer of HISWA's business to the Company   Division 3
                                                                           s. 26


                  (b)    without their giving consideration for the transfer.

     26.         Transfer of HISWA's business to the Company
           (1)   On the appointed day the assets and rights of HISWA are, by
                 operation of this section, transferred to the Company by way of
5                sale and without the need for any conveyance or assignment.
           (2)   On and after the appointed day the liabilities of HISWA are, by
                 operation of this section, the liabilities of the Company.

     27.         Determination of amount of consideration for sale
           (1)   The Minister, after consultation with the Company, is to
10               determine the net asset value of the business of HISWA as at
                 the appointed day.
           (2)   The net asset value of the business is the total value of the assets
                 and rights transferred to the Company under section 26(1),
                 determined on the basis of their market value as at the appointed
15               day, less the amount of the liabilities transferred to the
                 Company under section 26(2).
           (3)   The Minister is to notify the Company in writing of --
                  (a) the net asset value determined under subsection (1); and
                  (b) the nominal value of the shares to be issued by the
20                     Company under section 28.
           (4)   A copy of the notice given under subsection (3) is to be given to
                 HISWA.

     28.         Consideration to be satisfied by allotment of shares
           (1)   The consideration for the transfer effected by section 26 is that
25               the Company is to allot and issue to the Minister on behalf of
                 the State fully paid shares in the Company that have a total
                 value equal to the net asset value specified in the notice given to
                 the Company under section 27(3) ("the notice").
           (2)   The shares are to have the nominal value specified in the notice.

                                                                             page 13
     Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
     Part 3          Repeal of Herd Improvement Service Act 1984 and related
                     provisions
     Division 3      Transfer of HISWA's business to the Company
     s. 29


           (3)   The allotment and issue of shares is to be made as soon as is
                 practicable after the notice is given.

     29.         Minister to transfer shares
                 As soon as is practicable after the allotment and issue of shares
5                under section 28, the Minister is to transfer those shares to
                 HISWA customers in the manner determined by the Minister
                 after consultation with the Company.

     30.         HISWA to prepare statement
           (1)   As soon as is practicable after notice is given to the Company
10               under section 27(3), HISWA is to prepare a statement showing
                 as at the appointed day --
                   (a) a description of the assets and rights of HISWA that
                          have been transferred to the Company under section 26;
                          and
15                 (b) a description of the liabilities of HISWA that have
                          become the liabilities of the Company under that
                          section.
           (2)   The statement is also to specify --
                  (a) the value of each asset as at the appointed day; and
20                (b) the amount of each liability, or category of liabilities, as
                         at that day,
                 as determined by the Minister under section 27(1).
           (3)   HISWA is to cause the statement to be published in the Gazette
                 for public information.
25   31.         Values etc. may be estimated if necessary
                 It is sufficient for the purposes of this Division for a value or
                 amount to be estimated if it is not reasonably practicable, for
                 those purposes, for --
                    (a) a definite value to be assigned to an asset or right as at
30                        the appointed day; or

     page 14
               Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
           Repeal of Herd Improvement Service Act 1984 and related       Part 3
                                                        provisions
                           Consequential amendments to other Acts   Division 4
                                                                           s. 32


                 (b)   the exact amount of a liability, or category of liabilities,
                       to be determined as at that day.

            Division 4 -- Consequential amendments to other Acts
     32.        Financial Administration and Audit Act 1985
5               Schedule 1 to the Financial Administration and Audit Act 1985*
                is amended by deleting "Herd Improvement Service of Western
                Australia".
                [* Reprinted as at 9 July 1999.
                   For subsequent amendments see Acts Nos. 5, 8, 38 and 60 of
10                 1999 and Gazette 16 November 1999, 24 December 1999 and
                   28 January 2000.]

     33.        Government Employees Superannuation Act 1987
                Schedule 1 Part B to the Government Employees
                Superannuation Act 1987* is amended by deleting "Herd
15              Improvement Service of Western Australia".
                [* Reprinted as at 22 January 1999.
                   For subsequent amendments see Acts Nos. 53 of 1998 and 8
                   and 38 of 1999.]

     34.        Public Sector Management Act 1994
20              Schedule 2 to the Public Sector Management Act 1994* is
                amended by deleting item 19.
                [* Reprinted as at 26 March 1999.
                   For subsequent amendments see Acts Nos. 5 and 38 of 1999.]




                                                                            page 15
     Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
     Part 4          Transitional provisions

     s. 35



                    Part 4 -- Transitional provisions
     35.       Definitions
               In this Part, unless the contrary intention appears --
               "appointed day" --
5                   (a) in relation to DIA, means the day fixed under
                          section 2(2);
                    (b) in relation to HISWA, means the day fixed under
                          section 2(3);
               "asset" means property of any kind whether tangible,
10                  intangible, real, or personal, and includes without
                    limitation --
                    (a) any chose in action;
                    (b) goodwill;
                    (c) any right, interest or claim of any kind,
15                  whether arising from, accruing under, created or evidenced
                    by or the subject of, an instrument or otherwise and
                    whether liquidated or unliquidated, actual, contingent or
                    prospective;
               "company" means the body referred to in section 3(a) or 4(a),
20                  as the case requires;
               "former body" means DIA or HISWA, as the case requires;
               "liability" means any liability, duty or obligation --
                    (a) whether liquidated or unliquidated, actual, contingent
                          or prospective; and
25                  (b) whether owed alone or jointly or jointly and severally
                          with any other person;
               "right" means any right, power, privilege or immunity.




     page 16
           Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
                                       Transitional provisions       Part 4

                                                                        s. 36



     36.   Interpretation Act to apply
           With respect to the repeals effected by sections 8 and 23, this
           Part is supplementary to, and does not displace the operation of,
           the Interpretation Act 1984.

5    37.   Members cease to hold office
           On the appointed day the members of the former body or the
           board of the former body, as the case requires, cease to hold
           office.

     38.   References to former body in agreements and instruments
10         On and after the appointed day agreements and instruments --
             (a)   to which the former body is a party; or
             (b)   which contain a reference to the former body,
           have effect, by operation of this section, as if --
             (c) the company were substituted for the former body as a
15                 party to the agreement or instrument; and
             (d) any reference to the former body were, unless the
                   context otherwise requires, a reference to the company.

     39.   Proceedings and remedies
           On and after the appointed day --
20          (a) the company is a party to any proceedings by or against
                  the former body commenced before the appointed day;
                  and
            (b) any proceedings or remedy that might have been
                  commenced by, or available against or to, the former
25                body may be commenced by, and are available against
                  or to, the company.




                                                                     page 17
     Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
     Part 4          Transitional provisions

     s. 40



     40.         Other things in progress
           (1)   Any act, matter or thing done or made known, or omitted to be
                 done, before the appointed day by, to or in respect of the former
                 body is to be taken to have been done, made known or omitted
5                by, to or in respect of the company.
           (2)   Subsection (1) applies only to the extent that the act, matter or
                 thing has any force, effect or significance after the appointed
                 day.

     41.         Records
10         (1)   The former body is to deliver to the company all registers,
                 papers, documents, minutes, receipts, books of account and
                 other records.
           (2)   The former body's obligations under subsection (1) are subject
                 to its requirements to have access to information for the
15               purposes of giving effect to section 43.

     42.         Stamp duty
           (1)   Stamp duty under the Stamp Act 1921 is not chargeable on --
                   (a) the transfer of assets and liabilities effected by operation
                        of section 11 or 26; or
20                 (b) any transfer of shares under section 14 or 29.
           (2)   The Minister may certify in writing that --
                   (a)   a specified asset or liability was transferred by operation
                         of section 11 or 26; or
                  (b)    a specified transfer of shares occurred under section 14
25                       or 29,
                 and such a certificate is conclusive evidence of that fact, unless
                 the contrary is shown.




     page 18
                 Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
                                             Transitional provisions       Part 4

                                                                                 s. 43



     43.         Annual report for part of year
                 The accountable authority, within the meaning of the Financial
                 Administration and Audit Act 1985, of the former body is to
                 report as required by section 66 of that Act for the period from
5                the preceding 1 July to the appointed day, and Division 14 of
                 Part II of that Act applies as if that period were a full financial
                 year.

     44.         Completion of things commenced
                 Anything commenced to be done by the former body under the
10               repealed Act before the appointed day may be continued by the
                 company so far as the doing of that thing is within the powers of
                 the company after that day.

     45.         Further transitional provision may be made
           (1)   If there is no sufficient provision in this Part for any matter or
15               thing necessary or convenient to give effect to the transition
                 from the former body to the company the Minister may make
                 that provision by order published in the Gazette.
           (2)   An order under this section may be made so as to have effect
                 from the appointed day.
20         (3)   To the extent that a provision of any such order has effect on a
                 day that is earlier than the day of its publication in the Gazette,
                 the provision does not operate so as --
                   (a) to affect, in a manner prejudicial to any person (other
                         than the State), the rights of that person existing before
25                       the day of its publication; or
                   (b) to impose liabilities on any person (other than the State)
                         in respect of anything done or omitted to be done before
                         the day of publication.




                                                                              page 19
     Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
     Part 4          Transitional provisions

     s. 46



     46.       Saving
               The operation of any provision of this Part is not to be
               regarded --
                 (a) as a breach of contract or confidence or otherwise as a
5                     civil wrong;
                 (b) as a breach of any contractual provision prohibiting,
                      restricting or regulating the assignment or transfer of
                      assets, rights or liabilities or the disclosure of
                      information;
10               (c) as giving rise to any remedy by a party to an instrument
                      or as causing or permitting the termination of any
                      instrument, because of a change in the beneficial or legal
                      ownership of any asset, right or liability;
                 (d) as causing any contract or instrument to be void or
15                    otherwise unenforceable; or
                 (e) as releasing or allowing the release of any surety.




     page 20
                 Dairy Industry and Herd Improvement Legislation Repeal Bill 2000
                                                  Duration of Act          Part 5

                                                                               s. 47



                            Part 5 -- Duration of Act
     47.         Duration of Act
           (1)   This Act continues in operation until the end of the termination
                 day, and no longer.
5          (2)   The termination day is a day fixed by the Governor by order
                 published in the Gazette.
           (3)   An order is not to be made for the purposes of subsection (2)
                 until the Minister has certified to the Governor that the Minister
                 is satisfied that the purposes of Part 2 Division 3 and
10               Part 3 Division 3 have been achieved.




                                                                            page 21
Dairy Industry and Herd Improvement Legislation Repeal Bill 2000



Defined Terms



                                           Defined Terms
           [This is a list of terms defined and the provisions where they are defined.
                                  The list is not part of the law.]
     Defined Term                                                                                      Provision(s)
     appointed day....................................................................................... 7, 22, 35
     asset ............................................................................................................... 35
     company ........................................................................................................ 35
     Company.................................................................................................... 7, 22
     dairy producer .................................................................................................. 7
     DIA.................................................................................................................. 5
     former body.................................................................................................... 35
     HISWA............................................................................................................ 5
     HISWA customers.......................................................................................... 22
     liability........................................................................................................... 35
     repealed Act ............................................................................................... 7, 22
     right ............................................................................................................... 35
     the Company................................................................................................ 3, 4
     the notice ................................................................................................. 13, 28
     the shares ................................................................................................. 10, 25




 


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