House of Representatives

Explanatory Memorandum

Circulated By Authority of the Hon Robert Mcclelland MP, Attorney-General

Schedule 3 - Repeal of obsolete Acts

119 The items in this Schedule repeal obsolete Acts and make consequential amendments to provisions of other Acts that refer to the repealed Acts.

Item 1

120 Item 1 repeals the Banking (Transitional Provisions) Act 1959 which deals with transitional issues relating to the enactment of the Reserve Bank Act 1959 , the Commonwealth Banks Act 1959 and the Banking Act 1959 . Due to the effluxion of time, the transitional provisions of the Act have no further operation. Therefore, the Act is obsolete.

Item 2

121 Item 2 repeals the Industrial Research and Development Incentives Act 1976 which provides grants to promote the development and improve the efficiency of Australian industry by encouraging industrial research and development in Australia in matters relating to science and technology. The program is no longer being administered and no further funding is being provided under the Act. Therefore, the Act is obsolete.

Item 3

122 Item 3 repeals the Interactive Gambling (Moratorium) Act 2000 , which regulated the provision of interactive gambling services. The key operative provision of the Act (section 10) ceased to have effect on 18 May 2001. Therefore, the Act is obsolete.

Item 4

123 Item 4 repeals the Papua New Guinea (Application of Laws) Act 1973 which provided that the Governor-General may make regulations providing that a law of Papua New Guinea ceases to have effect. The Papua New Guinea Independence Act 1975 has the same effect. Therefore, the Papua New Guinea (Application of Laws) Act 1973 is obsolete.

Item 5

124 Item 5 repeals the Year 2000 Information Disclosure Act 1999 which provides a framework to encourage voluntary disclosure and exchange of information about possible problems, and possible remedies for, computer problems associated with the commencement of the year 2000. Due to the effluxion of time and the fact that there is no longer any need to exchange information about this matter, the Act is obsolete.