Commonwealth Numbered Acts

CANNED FRUITS MARKETING AMENDMENT ACT 1984 No. 148 of 1984 - SECT 7

7. After section 17 of the Principal Act the following section is inserted:
Excess proceeds

"17A. Where-

   (a)  the Corporation has determined a minimum price for which particular
        canned fruits are to be disposed of (whether or not the relevant
        determination applies to other canned fruits); and

   (b)  those canned fruits are disposed of by a marketing agent at a price
        higher than the price so determined, then, unless the Corporation, by
        instrument in writing, otherwise directs, the amount of the difference
        between the amount of the proceeds of the disposal of those canned
        fruits by the marketing agent and the amount that would have been the
        amount of the proceeds of their disposal if they had been disposed of
        by the marketing agent at the price determined by the Corporation-

   (c)  shall be disposed of in accordance with arrangements between the
        marketing agent and the person to whom the amount payable by the
        Corporation under section 17 or 18 in respect of those relevant canned
        fruits is to be paid in accordance with section 19; and

   (d)  for the purposes of sub-section 3 (3), shall not be taken to be part
        of the proceeds of the disposal of those canned fruits.".