Commonwealth Numbered Acts

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AUSTRALIAN HORTICULTURAL CORPORATION ACT 1987 No. 164 of 1987 - SECT 10

Export trading powers
10. (1) Without limiting the generality of subsection 9 (1), the Corporation
may, to the extent that it considers it necessary in the interests of
Australian horticultural industries and with the written approval of the
Minister:

   (a)  engage in the export of Australian horticultural products; and

   (b)  do all things necessary or convenient to be done for, or in connection
        with, the export of Australian horticultural products; and, in
        particular, may:

   (c)  buy and sell horticultural products for export;

   (d)  enter into contracts for the carriage of horticultural products to be
        exported from Australia (including the carriage of such products
        within Australia);

   (e)  enter into insurance contracts in relation to the export of
        horticultural products; and

   (f)  enter into and deal with currency futures contracts, interest rate
        futures contracts, and horticultural products futures contracts, at
        futures markets for hedging purposes in relation to the export of
        horticultural products.

(2) An approval under subsection (1):

   (a)  may be of general or particular application; and

   (b)  may be given subject to specified conditions and restrictions. 


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