Cover image for Tasmanian Grain Elevators Board
Agency:
Tasmanian Grain Elevators Board
Agency Number:
Start Date:
01 Jan 1950
End Date:
31 Dec 2003
Description:
The Tasmanian Grain Elevators Board was established under the Grain Reserve Act 1950 and, in effect, permitted the Board to undertake all the ;;activities of a grain merchant. ;;The core business of the Board was to provide efficient and effective grain handling facilities for the benefit of suppliers and consumers of grain and ;;the community at large. It was the major supplier of wheat to the Tasmanian flour and stock feed milling and intensive animal industries and was also the key supplier of grain for stock feed during adverse climatic conditions. ;;Until this financial year, the Board had undertaken the storage and sale of wheat on behalf of the Australian Wheat Board (AWB). These transactions ;;are not included in the Board's financial statements. A handling fee per tonne was paid by the AWB and is included in Operating revenue. In addition, the Board traded in its own right and was the major trader and supplier of locally grown grain in the state. ;;The Government announced the sale of the Board's business on 21 March 2003. The sale process was administered by the Department of Treasury and Finance. The sale was conducted via an open tender process with representatives from the Department Treasury and Finance and the Department of Primary Industries, Water and Environment evaluating the tenders and making final recommendations to the Portfolio and Stakeholder Ministers. The sale of the business as a going concern was completed on 12 December 2003. The purchaser was Tas Silos Pty Ltd. ;;Accordingly, the last reporting period of the Board was to 1 July to 12 December 2003. ;;The Responsible Minister was the Minister for Primary Industries and Water.;;
Information Sources:
Auditor-General's Report 2003-2004
Legislation Administered:
Grain Reserve Act 1950, Wheat Marketing Act 1985
Legislation Creating:
Grain Reserve Act 1950
Functions Performed:
Primary industries
Trade
Rural Industries Board (TA734)01 Jan 194331 Dec 1956