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COARSE GRAINS LEVY REGULATIONS (AMENDMENT) 1996 NO. 61EXPLANATORY STATEMENT
STATUTORY RULES 1996 No. 61
Issued by the Authority of the Minister for Primary Industries and Energy
Coarse Grains Levy Act 1992
Coarse Grains Levy Regulations (Amendment)
The Coarse Grains Levy Act 1992 (the Act) provides for the imposition of levies on certain coarse grains to fund research. Levies revenue, together with matching Commonwealth contributions, is used to fund research programs for each grain, which are administered by the Grains Research and Development Corporation (GRDC).
The Grains Council of Australia (GCA) has recommended to the Minister for Primary Industries and Energy that the rate of the research and development levy for grain sorghum should be increased from 0.2% of the value of the grain to 0.7% of the value of the grain from 1 July 1996.
The Regulations effect that increase.
Section 11(2) of the Act provides that where a coarse grain has been prescribed as a 1eviable coarse grain", the rate of levy for that grain is such a rate (not higher than 5% of the value of the grain) as is prescribed from time to time.
Regulation 6 of the Coarse Grains Levy Regulations prescribes the rate of levy to be applied to grain sorghum.
Details of the Regulations are set out below:
The Coarse Grains Levy Regulations (Amendment) commence on 1 July 1996.
Regulation 2 provides for the Coarse Grains Levy Regulations to be amended.
Regulation 3 increases the rate of levy for grain sorghum from 0.2% to 0.7%.