Wheat Board Amendment Act 1986

1: Short Title and commencement
1: This Act may be cited as the Wheat Board Amendment Act 1986, and shall be read together with and deemed part of the Wheat Board Act 1965
2: Except as provided in sections 2(3) 6(2) 7(2) 11(3) 13(2) 14(5)
2: Interpretation
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
3: Membership of Board
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
4: Terms of office of appointed members
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
5: Meetings of Board
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
6: General functions of Board
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
7: Powers of the Board
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
8: Board to comply with Government economic and trade policies
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
9: Special funds and reserves
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
10: Milling standard wheat
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
11: Wheat Board to cease trading in wheat and flour
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986
12: Wheat Board to wind up its operations before dissolution
1: Having regard to the provisions of section 13
a: The payment of all money owed by and the recovery of all debts due to the Board; and
b: The sale or disposal of all real and personal property belonging to the Board.
2: The winding up required by subsection (1)
a: The close of the 31st day of January 1989; or
b: Where an Order in Council is made under section 13(2)﻿(b) section 13
3: The Board shall cause to be prepared final accounts of the Board as at the earlier of—
a: The 31st day of January 1989; or
b: Where an Order in Council is made under section 13(2)﻿(b) section 13 which accounts shall include inventories of all real and personal property belonging to the Board and all real and personal property sold or disposed of by the Board pursuant to subsection (1)
4: The Board shall not sell or otherwise dispose of any real or personal property pursuant to subsection (1) Minister of Commerce Minister of Commerce Subsection (4) amended 1 December 1988 Trade and Industry Act Repeal Act 1986 by substituting the words Minister of Commerce Minister
13: Dissolution of Wheat Board
1: On the commencement of this section—
a: The Board shall be dissolved; and
b: All real and personal property belonging to the Board shall become vested in the Crown subject to all liabilities, charges, obligations, or trusts affecting that property; and
c: All money payable to the Board shall become payable to the Crown; and
d: All liabilities and obligations of any nature (other than under contracts of employment) and all rights and authorities of any nature whatever of the Board shall become liabilities, obligations, rights, and authorities of the Crown; and
e: All proceedings pending by or against the Board may be carried on, completed, or enforced by or against the Crown.
2: This section shall come into force on—
a: The 1st day of February 1989; or
b: Such earlier date as may be appointed for the commencement thereof by the Governor General by Order in Council,— whichever occurs first.
3: Any Order in Council made under subsection (2)
14: Repeals and consequential amendments
Sections 2 to 11 14 repealed 1 December 1988 Trade and Industry Act Repeal Act 1986