EXPLANATORY STATEMENT

AUSTRALIAN CAPITAL TERRITORY

STOCK (AMENDMENT) ORDINANCE 1986

NO 45, 1986

The Stock (Amendment) Ordinance 1986 amends the Stock Ordinance 1934 (the Principal Ordinance) to enable the Minister to determine fees for the purposes of the Principal Ordinance by notice published in the Gazette.  Details of the amending Ordinance are as follows:

Sections 1, 2 and 3 deal with citation, commencement and interpretation.

Section 4 amends section 4 of the Principal Ordinance by adding a definition of “determined fee” in terms of the new Section 38A.

Sections 5 and 6 amend sub-sections 18(1) and 22(5) of the Principal Ordinance by replacing references in those sub-sections to fees specified in the Second Schedule with a reference to the determined fee.  This will allow the fees for applications to record owners brands or marks and to transfer owners brands, or marks and distinctive marks to be made by determinations.

Section 7 adds a new Section 38A to the Principal Ordinance which provides that the Minister may determine fees for the purposes of the Principal Ordinance by notice in writing published in the Gazette.

Section 8 repeals the Second Schedule to the Principal Ordinance which specified the fees payable under that Ordinance.

Ord 56/86