This Act deals with the transition from the Australian Horticultural Corporation, Horticultural Research and Development Corporation and the Australian Dried Fruits Board to new bodies. The new bodies are those declared under the Horticulture Marketing and Research and Development Services Act 2000 .

The Minister must determine a transfer day (see section   12).

On the transfer day assets, liabilities and staff of the Corporations and the Board are transferred to the new industry services body (see Divisions   2, 3 and 4 of Part   2).

The system of export controls in place under the Australian Horticultural Corporation Act 1987 is kept in place for a maximum period of 2 years after the transfer day. Export controls on particular products can be phased out during the 2 year period, as controls on those products are brought in under the Horticulture Marketing and Research and Development Services Act 2000 (see Division   5 of Part   2 of this Act).

The Australian Horticultural Corporation Act 1987 and the Horticultural Research and Development Corporation Act 1987 are repealed once the assets, liabilities and staff of the bodies established by those Acts have been transferred to the new industry services body.