Commonwealth Numbered Acts

WHEAT MARKETING AMENDMENT ACT 1992 No. 154 of 1992 - SECT 7

7. Section 13 of the Principal Act is amended:

   (a)  by omitting subsection (2) and substituting the following subsection:

"(2) The Minister must not give permission in relation to a company or body
unless:

   (a)  the objects and functions of the company or body are, or will be,
        consistent with the objects and functions of the Board; or

   (b)  the company or body is to engage in value adding activities in
        accordance with the functions of the Board.";

   (b)  by omitting subsection (6) and substituting the following subsection:

"(6) An agreement or arrangement between the Board and a natural person or a
company or other body must include a provision empowering the Board to end the
agreement or arrangement if:

   (a)  in relation to an agreement or arrangement that does not relate to
        value adding activities the person, company or body:

        (i)    no longer carries on a business that relates to a matter within
               the objects and functions of the Board; or

        (ii)   commences to carry on a business that is not a business of a
               kind referred to in subparagraph (i); or

   (b)  in relation to an agreement or arrangement that relates to value
        adding activities the person, company or body ceases to engage in
        value adding activities.".