Pig Research and Development Corporation Regulations

PIG RESEARCH AND DEVELOPMENT CORPORATION REGULATIONS 1990 *1* Notified in the Commonwealth of Australia Gazette on 27 February 1990. Citation 1. These Regulations may be cited as the Pig Research and Development Corporation Regulations. Commencement 2. These Regulations commence on 2 July 1990. Interpretation 3. In these Regulations, unless the contrary intention appears: appears: "Corporation" means the Pig Research and Development Corporation specified in regulation 4; "pig industry" means the industry concerned with: (a) the production, processing, distribution and sale of pork; and (b) the production, distribution and sale of pork products; "pork" means pig meat; "the Act" means the Primary Industries and Energy Research and Development Act 1989. Establishment of the Pig Corporation 4. An R & D Corporation to be known as the Pig Research and Development Corporation is declared to be established in respect of the pig industry. Levy attached to the Corporation 5. (1) For the purposes of paragraph 5 (1) (a) of the Act, the levy imposed by paragraph 6 (1) (a) of the Pig Slaughter Levy Act 1971 is attached to the Corporation. (2) For the purposes of paragraph 5 (3) (a) of the Act, the whole of the levy is the research component of the levy. (3) For the purposes of paragraph 5 (3) (b) of the Act, the pig industry is the primary industry to which the levy relates. Gross value of production of pork 6. (1) The Minister is to determine the gross value of the production of pork for a financial year (in this regulation called "relevant year") by calculating that value in accordance with the formula: A + B + C 3 where: A is the value of pork produced in the financial year ending 1 year before the start of the relevant year; and B is the value of pork produced in the financial year immediately before the relevant year; and C is the estimated value of pork to be produced in the relevant year. (2) A reference to the value of pork produced or to be produced in a financial year is a reference to the production figure supplied by the Australian Bureau of Agricultural and Resource Economics that shows: (a) the gross value of pork produced; or (b) the estimated gross value of pork to be produced; by the pig industry in that financial year.