Document ID: chunk:federal_register_of_legislation:C2004A04350:body:0:p2
Version: federal_register_of_legislation:C2004A04350
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is amended by omitting subsections (2) and (3) and substituting the following subsections:

"(2) An analyst appointed under subsection (1) may sign a certificate stating that the person who signed the certificate was appointed as an analyst under subsection (1) and also stating, in relation to a substance, any of the following:

  (a)     when, where and from whom the analyst received the substance;

    (b)     what, if any, labels or other means of identifying the substance accompanied it when it was received;

  (c)     in what container or containers the substance was received;

  (d)     a description, and the weight, of the substance received;

  (e)     if the substance, or any portion of it, was examined or analysed:

       (i) the name of the method of examination or analysis; and

      (ii) the results of the examination or analysis;

     (f) how the substance was dealt with after handling by the analyst, including details of:

      (i) the quantity retained; or

         (ii) the name of the person, if any, to whom any retained quantity was given; or

      (iii) measures taken to secure any retained quantity.

"(3) For the purposes of this Act, but subject to subsection (4), a certificate purporting to have been signed under subsection (2) is admissible as prima facie evidence of the matters stated in it.".

PART 3—AMENDMENTS OF THE AUSTRALIAN WOOL CORPORATION ACT 1991

Principal Act

5. In this Part, "Principal Act" means the Australian Wool Corporation Act 19912.

Payments to Commonwealth in relation to exotic animal disease control

  6. Section 26 of the Principal Act is amended:

    (a) by omitting from subsection (1) "on 1 July in" and "such amount as is prescribed to the Commonwealth" and substituting

     "in respect of" and "to the Commonwealth such amount as is prescribed for that financial year" respectively;

    (b)    by omitting from subsection (2) "the purposes of subsection (1)" and "last recommended by those members to the Minister" and substituting "a particular year" and "recommended" respectively;

  (c)     by adding at the end the following subsection:

     "(3) The amount payable under subsection (1) may be paid by quarterly instalments.".

7. Section 27 of the Principal Act is repealed and the following section is substituted:

Hedging through currency contracts etc.

  "27.(1) In this section:

'currency contract' means:

  (a)     a forward exchange rate contract; or

  (b)     a contract with respect to currency futures;

'futures contract' means:

  (a)     a deferred delivery contract; or

  (b)     a contract with respect to financial futures; or

  (c)     a contract with respect to commodity futures.

  "(2) This section applies to the following contracts:

  (a)     currency contracts;

  (b)     interest rate contracts;

  (c)     futures contracts;

  (d)     contracts relating to:

       (i) dealings known as currency swaps; or

       (ii) dealings known as interest rate swaps; or

      (iii) dealings known