Document ID: chunk:federal_register_of_legislation:C2004A02756:body:0:p25
Version: federal_register_of_legislation:C2004A02756
Segment Type: other
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Character Range: 93143–98557

House of the Parliament, shall be void and of no effect.

SCHEDULE 1—continued
Acts                                                                                                                                                                                                                                                                          Amendments
                                                                                                                                                                                                                                                                               "(3) Sub-sections 28 (3) to (8), inclusive, apply to and in relation to regulations laid before a House of the Parliament as if the references in those sub-sections to an Ordinance were references to regulations.".
 Oilseeds Levy Collection and                                                                                                                                                                                                                                                 Sub-section 7 (1)—
                                                                                                                                                                                                                                                                               Omit "10 per centum", substitute "20%".
Research Act 1977                                                                                                                                                                                                                                                             Sub-section 7 (3)—
                                                                                                                                                                                                                                                                               Omit "10 per centum", substitute "20%".
 Overseas Telecommunications Act 1946                                                                                                                                                                                                                                         New sub-section 45 (3a)—
                                                                                                                                                                                                                                                                              After sub-section 45 (3), insert the following sub-section:
 "(3a) Without limiting the generality of sub-sections (1) and (3), a borrowing by the Commission under sub-section (1) may be by the issue of securities of such kinds as are prescribed.".
New sub-section 45 (4a)—
 After sub-section 45 (4), insert the following sub-section:
 "(4a) Where the Commission borrows money under this section by the issue of prescribed securities, the repayment by the Commission of the amounts borrowed and the payment of interest on those amounts is, by force of this sub-section, guaranteed by the Commonwealth.".
Sub-section 52 (1)—
 Omit "The", substitute "Subject to sub-section (4), the".
New sub-section 52 (4)—
 After sub-section 52 (3), add the following sub-section:
 "(4) Stamp duty or any similar tax is not payable under a law of the Commonwealth or of a State or Territory in respect of—
    (a) a security issued by the Commission;
    (b) the issue, redemption, transfer, sale or purchase of such a security, not including a transaction entered into without consideration or for an inadequate consideration; or

SCHEDULE 1—continued
Acts                                Amendments
                                        (c) any document executed by or on behalf of the Commission, or any transaction, in relation to the borrowing of moneys by the Commission.".
 Parliamentary Allowances Act 1952  Section 2—
                                     Omit "1st January, 1952", substitute "1 January 1952".
                                    Sections 3a, 4 and 5—
                                     Repeal the sections, substitute the following sections:
                                     Interpretation
                                     "3. (1) In this Act, unless the contrary intention appears, 'member' means a member of either House of the Parliament.
                                     "(2) For the purposes of this Act, the day of the election or re-election of a member shall be deemed to be—
                                        (a) where he was elected or re-elected, as the case may be, as the result of a polling—the day fixed for that polling; or
                                        (b) in any other case—the day on which he was declared duly elected.
                                     Allowances to members
                                     "4. There are payable to members such allowances (including allowances in accordance with section 48 of the Constitution) as are determined by the Remuneration Tribunal in pursuance of sub-sections 7 (1) and (4) of the Remuneration Tribunals Act 1973.
                                     Calculation of allowances payable to a senator
                                     "5. (1) The allowances payable to a senator shall be