DAIRY ADJUSTMENT ACT 1974

This compilation was prepared on 20 November 2009
taking into account amendments up to Act No. 111 of 2009

The text of any of those amendments not in force
on that date is appended in the Notes section

The operation of amendments that have been incorporated may be
affected by application provisions that are set out in the Notes section

Prepared by the Office of Legislative Drafting and Publishing,
Attorney‑General's Department, Canberra

Contents

Part I--Preliminary 1

1............ Short title [see Note 1] ....................................................................... 1

2............ Commencement [see Note 1] .............................................................. 1

3............ Repeal and savings .............................................................................. 1

4............ Interpretation ...................................................................................... 2

Part II--Dairy Adjustment Program 3

5............ Agreements with States ...................................................................... 3

6............ Definition for purposes of arrangements ............................................ 3

7............ State may enter into agreements to acquire and dispose of uneconomic dairy farms 4

8............ State may approve disposal of uneconomic dairy farms .................... 4

9............ Land proposed to be acquired or disposed of may be treated as uneconomic dairy farm 5

10.......... Loans for personal hardship where uneconomic farms disposed of ... 5

11.......... Loans for conversion of uneconomic dairy farms to other rural use .. 6

12.......... Loans for development of uneconomic dairy farms ........................... 7

13.......... Loans for development of combined land ........................................... 7

14.......... Compensation for loss of value of structural improvements where land combined 8

15.......... Loans for conversion of dairy farms to refrigerated bulk milk supply 9

16.......... Loans for conversion of dairy factories to deal with refrigerated bulk milk supply 10

16A....... Carry‑on loans .................................................................................. 11

16B....... Payments for loss of value of fixtures and personal property ......... 11

Part III--Finance 13

17.......... Payments by the Commonwealth .................................................... 13

18.......... Total amounts available for payment to States ................................ 13

19.......... Conditions of payments ................................................................... 13

20.......... Amounts repayable by State ............................................................ 13

21.......... Advances .......................................................................................... 14

Notes 17

WHEREAS the policies for assistance to the dairying industry announced by the Australian Government before the dissolution of the Parliament on 11 April 1974 were given effect to in part only by the Marginal Dairy Farms Agreements Act 1974 and further provision is necessary to give effect to the remainder of those policies:

AND WHEREAS, by reason of the matters recited in the Marginal Dairy Farms Agreements Act 1974, it is appropriate that the further provision should be made without receipt of a report of the Industries Assistance Commission in relation to the matter of assistance to the dairying industry:

AND WHEREAS it is expedient to give effect to the foregoing by repealing the Marginal Dairy Farms Agreements Act 1970‑1974 and re‑enacting and extending the provisions of that Act to give effect to the whole of the policies so announced:

BE IT THEREFORE ENACTED by the Queen, the Senate and the House of Representatives of Australia, as follows:

Notes to the Dairy Adjustment Act 1974

Note 1

The Dairy Adjustment Act 1974 as shown in this compilation comprises Act No. 166, 1974 amended as indicated in the Tables below.

Table of Acts

Act	Number and year	Date of Assent	Date of commencement	Application, saving or transitional provisions
Dairy Adjustment Act 1974	166, 1974	17 Dec 1974	17 Dec 1974
Dairy Adjustment Amendment Act 1976	77, 1976	10 June 1976	10 June 1976	--
Statute Stocktake (Regulatory and Other Laws) Act 2009	111, 2009	16 Nov 2009	Schedule 1 (item 11): 17 Nov 2009	--

Table of Amendments

ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted
Provision affected	How affected
Part II
S. 5......................................	am. No. 77, 1976
S. 11....................................	am. No. 77, 1976
Ss. 16A, 16B.......................	ad. No. 77, 1976
Part III
S. 17....................................	am. No. 77, 1976
S. 18....................................	rs. No. 77, 1976
Ss. 19-21............................	am. No. 77, 1976
S. 22....................................	am. No. 77, 1976
	rep. No. 111, 2009

Commonwealth Consolidated Acts

DAIRY ADJUSTMENT ACT 1974 - NOTES