Commonwealth Numbered Acts

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AUSTRALIAN MEAT AND LIVE-STOCK CORPORATION ACT 1977 No. 67 of 1977 - SECT 9

Trading power.
9. (1) Without limiting the generality of section 8, the Corporation may-

   (a)  purchase meat or live-stock; or

   (b)  export, or sell for export, meat or live-stock owned by the
        Corporation.

(2) The Corporation may adopt such policy as it determines with respect to the
exercise by it of the powers conferred on it by sub-section (1), and shall not
exercise those powers otherwise than in accordance with the policy adopted, or
last adopted, by it.

(3) Where the Corporation adopts a policy, including an altered policy, with
respect to the exercise of the powers conferred on it by sub-section (1), the
Corporation shall inform the Minister of the policy it has adopted and of its
reasons for adopting that policy.

(4) Except with the approval of the Minister, the Corporation shall not engage
in trade otherwise than in a manner that accords with commercial practice. 


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