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Queensland Sugar Corporation's acquisition powers.



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Media Release

 

Minister for Primary

Industries and Energy

John Anderson

 

EMBARGO 12 NOON

 

QUEENSLAND SUGAR CORPORATION’S ACQUISITION POWERS

 

DPIE98/64A

27th May, 1998

 

Federal Primary Industries and Energy Minister John Anderson today announced the Trade Practices Act 1974 would be amended as a matter of the highest priority to eliminate all doubt about the legality of the Queensland Sugar Corporation’s acquisition powers.

 

“While the Federal Government believes it is highly unlikely the current arrangements could be overturned by a legal challenge, we have decided to put the issue beyond doubt,” Mr. Anderson said.

 

Mr. Anderson said the Government had agreed to make the legislative amendments following requests from the Queensland Minister for Primary Industries, Marc Rowell, and the Chairman of CANEGROWERS, Mr. Harry Bonanno.

 

Media Contact: Robert Haynes 0262777520/0419493511

 

 

 

 

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