Dairy Research and Development Corporation Regulations (SR No. 16 of 1990)

DAIRY RESEARCH AND DEVELOPMENT CORPORATION REGULATIONS 1990 NO. 16 TABLE OF PROVISIONS 1. Citation 2. Commencement 3. Interpretation 4. Establishment of the Dairy Corporation 5. Levy attached to the Dairy Corporation 6. Gross value of production of milk for the purposes of s. 32 of the Act Citation 1. These Regulations may be cited as the Dairy Research and Development Corporation Regulations. REG 2 Commencement 2. These Regulations commence on 1 April 1990. REG 3 Interpretation 3. In these Regulations, unless the contrary intention appears: "Corporation" means the Dairy Research and Development Corporation specified in regulation 4; "dairy industry" means industry in Australia that is concerned with the production, processing, manufacture, distribution and sale (including sale overseas) of milk; "milk" means cow's milk; "the Act" means the Primary Industries and Energy Research and Development Act 1989. REG 4 Establishment of the Dairy Corporation 4. An R&D Corporation to be known as the Dairy Research and Development Corporation is declared to be established in respect of the dairy industry. REG 5 Levy attached to the Dairy Corporation 5. (1) For the purposes of paragraph 5 (1) (a) of the Act, the research levy imposed by subsection 5 (1) of the Dairy Produce Levy (No. 1) Act 1986 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 dairy industry is the primary industry to which the levy relates. REG 6 Gross value of production of milk for the purposes of s. 32 of the Act 6. (1) The Minister is to determine the gross value of production of milk 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 milk produced in the financial year ending 1 year before the commencement of the relevant year; and B is the value of milk produced in the financial year immediately preceding the relevant year; and C is the estimated value of milk to be produced in the relevant year. (2) A reference in subregulation (1): (a) to the value of milk produced; or (b) the estimated value of milk 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: (c) the gross value of the milk produced; or (d) the estimated gross value of the milk to be produced;(as the case may be) by the dairy industry in that financial year. NOTES *1* Notified in the Commonwealth of Australia Gazette on 31 January 1990.