Wool Services Privatisation Act 2000. Country/Territory Australia Document type Legislation Date 2000 (2015) Source FAO, FAOLEX Long titleAn Act to privatise the Australian Wool Research and Promotion Organisation, and for related purposes. Subject Livestock Keyword Institution Non-governmental entity Animal by-products Business/industry/corporations Geographical area Asia and the Pacific, Australia and New Zealand, Indian Ocean, Oceania, South Pacific Abstract The Act provides for the transfer of assets, rights and obligations, liabilities, rights in land, etc. from a restructuring body to HoldCo (Australian Wool Services Limited or Australian Wool Research and Promotion Organization) or a subsidiary. Section 13 concerns registration of land transfers. Section 14 provides for registration of HoldCo as a company under the Corporations Law. The Minister may, in writing, declare a body to be the research body for the purposes of Division 7. The Minister, on behalf of the Commonwealth, may enter into a contract with the research body (or with the research body and other persons) that provides for the Commonwealth to make payments of the kinds as specified in sections 30-33 to the research body. Full text English Website www.legislation.gov.au References - Legislation Implemented by Wool Services Privatisation (Miscellaneous Provisions) Regulations 2000 (SR 348 of 2000). Legislation | Australia | 2000 Keyword: Institution, Non-governmental entity, Animal by-products Source: FAO, FAOLEX