Commonwealth Numbered Acts

INDUSTRIES ASSISTANCE COMMISSION ACT 1973 No. 169 of 1973 - SECT 24

24. (1) Where-

   (a)  duties are imposed on goods of a particular description imported into
        Australia; and

   (b)  a period of not less than ten years has elapsed since-

        (i)    the date on which the duties on goods of that description were
               first imposed; or

        (ii)   where, since that date, the Commission or the Tariff Board has
               made an inquiry and report in relation to the assistance that
               should be provided to the industry producing goods of that
               description-the date on which that report was furnished, the
               Commission may on its own initiative inquire into and report on
               the assistance that should be provided to the industry
               producing goods of that description.

(2) Where-

   (a)  assistance, other than assistance by way of the imposition of duties
        on goods imported into Australia, is provided to an industry by the
        Australian Government; and

   (b)  a period of not less than six years has elapsed since -

        (i)    the date on which the assistance was first provided; or

        (ii)   where, since that date, the Commission or the Tariff Board has
               made an inquiry and report in relation to the assistance that
               should be provided to that industry-the date on which that
               report was furnished, the Commission may on its own initiative
               inquire into and report on the assistance that should be
               provided to that industry.

(3) The Commission may on its own initiative inquire into and report on any of
the following matters:-

   (a)  where any action by the Minister for Customs and Excise under the
        Customs Tariff (Dumping and Subsidies) Act 1961-1965 may be taken only
        if he is satisfied as to certain facts after inquiry and report by the
        Commission-a question as to the existence of any such facts;

   (b)  whether goods not prescribed by a by-law or not specified in a
        determination for the purposes of a Customs Tariff Item or Excise
        Tariff Item should be so prescribed or specified; and

   (c)  whether goods prescribed by a by-law or specified in a determination
        for the purposes of a Customs Tariff Item or Excise Tariff Item should
        continue to be so prescribed or specified.

(4) The Commission shall not commence to hold an inquiry on a matter in
pursuance of sub-section (1) or (2) before the expiration of six months after
it has notified the Minister that it proposes to hold the inquiry.