Horticulture Marketing and Research and Development Services (Repeals and Consequential Provisions) Act 2000 (163 of 2000)

Part 2   Transitional provisions

Division 6   Final annual reports

51   Final annual report: Horticultural Research and Development Corporation

(1) In spite of the repeal of the Horticultural Research and Development Corporation Act 1987:

(a) the Horticultural Research and Development Corporation continues in existence for the purpose of giving the Minister the report required under section 9 of the Commonwealth Authorities and Companies Act 1997 in relation to the period starting on the last 1 July before the transfer day and ending on the transfer day; and

(b) for that purpose, the membership of the Corporation immediately before the transfer day is taken to be the same on and after the transfer day.

(2) For the purposes of the application of section 9 of the Commonwealth Authorities and Companies Act 1997 to the report referred to in subsection (1):

(a) the period starting on the last 1 July before the transfer day and ending on the transfer day is taken to be a financial year; and

(b) the Australian Horticultural Research and Development Corporation Act 1987 continues to have effect as if it had not been repealed.