Commonwealth Numbered Regulations

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1994 No. 254 WHEAT INDUSTRY FUND REGULATIONS (AMENDMENT) - REG 17

17. Regulation 19 (When must equity payment under regulation 16 be made?)
17.1 Omit subregulations 19 (1) and (2), substitute:

"(1) If the Board decides to make a payment under regulation 16, the payment
must be made:

   (a)  to an applicant choosing Option A-within 30 days after the Board
        receives the application; or

   (b)  to an applicant choosing Option B-as soon as is practicable after
        there is recorded in the Register the amount of the holder's equity in
        the Fund at the end of the WIF financial year in which the application
        for payment was received by the Board.". 


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