(1) These regulations may be cited as the Honey Marketing Authority (Dissolution) Regulations 1983.

(2) Except as provided in subclause (3) of this regulation, these regulations shall come into force on the day after the date of their notification in the Gazette.

(3) Regulation 4 of these regulations shall come into force on the date of dissolution as notified in the Gazette pursuant to regulation 3(8) of these regulations.

(1) In these regulations,—

(2) Words and expressions used in these regulations and defined in the Act or the Marketing Regulations have the meanings as so defined.

(1) The Honey Marketing Authority shall, upon the date of commencement of this regulation,—

• (a) Cease all business as a marketing authority; and

• (b) As soon as practicable after that date, by advertisement in any daily newspaper or newspapers circulating generally in its area of operations, give notice of its proposed dissolution and call for any claims against the Authority (of which it is not already aware) to be made in writing to the Authority within a period ending not less than one month after the date of the advertisement (in this regulation referred to as the due date).

(2) Notwithstanding the Marketing Regulations, no person shall, on or after the commencement of this regulation, be required to hold, apply for, or renew any licence, which, except for this subclause, they would otherwise be required to do.

(3) For the purposes of these regulations, no person shall have or claim any interest in any property of the Authority solely by reason of being required, under the Marketing Regulations, to be licensed by or sell honey to the Authority, or to pay a levy to the Association.

(4) As soon as practicable after the due date the Authority shall—

• (a) Get in, sell, transfer, or otherwise dispose of all of its real and personal property; and

• (b) Pay or arrange to satisfy all of its creditors, both secured and unsecured, and all persons with proper claims against the Authority; and

• (c) Hold funds sufficient to meet any expenses relating to the dissolution of the Authority under these regulations.

(5) On being satisfied that the provisions of subclause (4) of this regulation have been complied with, the Authority shall distribute its remaining assets (including such as may be on loan to any other body or bodies) in the following proportions:

• (a) To the trustees of the Honey Industry General Trust for the purposes of that trust, 80 percent:

• (b) To the trustees of the Honey Industry Charitable Trust for the purposes of that trust, 20 percent.

(6) As soon as practicable after the provisions of subclause (5) of this regulation have been completed, the Authority shall—

• (a) Furnish to the Minister its annual report and audited accounts; and

• (b) Dispose of all books, accounts, and records of the Authority pursuant to the direction of the Director-General; and

• (c) Distribute, in the proportions and to the trustees specified in subclause (5) of this regulation, such funds as may remain of those held under subclause (4)(c) of this regulation.

(7) On being satisfied that the requirements of this regulation have been complied with, the Authority shall—

• (a) Advise the Director-General in writing accordingly under its common seal; and

• (b) Dispose of its common seal pursuant to the direction of the Director-General.

(8) Upon receipt of the advice of the Authority under subclause (7) of this regulation, the Director-General shall give notice in the Gazette that the Honey Marketing Authority is thereby dissolved as from the date specified in the notice.

(9) Upon the date of the dissolution of the Authority, any money remaining owing as a debt to the Authority shall be deemed owing to the trustees of the Honey Industry General Trust and the Honey Industry Charitable Trust in the proportions specified in subclause (5) of this regulation for the purposes of those trusts.

The following regulations are hereby revoked:

• (a) The Honey Marketing Authority Regulations 1975:

• (b) The Honey Marketing Authority Regulations 1975, Amendment No 1:

• (c) The Honey Marketing Authority Regulations 1975, Amendment No 2.