Commonwealth Numbered Regulations - Explanatory Statements

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MEAT RESEARCH CORPORATION REGULATIONS 1991 NO. 435

STATUTORY RULES 1991 No. 435

Issued by the Authority of the Minister for Primary Industries and Energy.

Subject - Meat Research Corporation Act 1985

Meat Research Corporation Regulations

Section 51 of the Meat Research Corporation Act 1985 (the Act) provides that the Governor-General may make regulations for the purposes of the Act.

Subsection 42A(2) states that the regulations may provide for the manner in which the Minister is to determine the amount of the gross value of production of the meat and live-stock industry for a financial year.

This is important in that subsection 42A(1) of the Act limits the Commonwealth's matching payments to the Meat Research Corporation during a particular financial year, in respect of the Corporation's research and development activities, to a maximum amount equal to 0.5% of the gross value of production of the industry, as determined by the Minister, for that financial year.

Section 42A of the Act, which came into effect on 1 July 1991, was inserted by the Primary Industries Legislation Amendment Act No 39 of 1991 in order to bring the payment by the Commonwealth of matching funds to the Meat Research Corporation into line with other primary industry research and development bodies established under the Prima Industries and Energy Research and Development Act 1989.

The Regulations provide for the Minister to determine the gross value of production of the meat and live-stock industry for a particular financial year. The Minister's determination, based on a formula which has been applied generally in regulations for the other primary industry research and development bodies, is an average taken over three financial years - the particular financial year, the preceding financial year and the financial year immediately before that preceding financial year.

Under the Regulations, the gross value of live-stock production for a financial year is derived from figures supplied by the Australian Bureau of Agricultural and Resource Economics, either as an estimate, where final figures are not yet available from the Bureau for that financial year, or as the gross value of live-stock production, where the Bureau has published its figures for that financial year.

The value of live-stock production for a financial year, for the purposes of the Regulations, is the sum of the values of specified commodities produced by the meat and live-stock industry in that year. These are the commodities from which the meat and live-stock industry's contribution to the research and development activities of the Meat Research Corporation is drawn in the form of levies or charges.

Details of the regulations are given in the Attachment.

ATTACHMENT

DETAILS OF THE MEAT RESEARCH CORPORATION REGULATIONS

Regulation 1 cites the regulations as the Meat Research Corporation Regulations. The Note advises that in accordance with section 48 of the Acts Interpretation Act 1901 the regulations commenced on gazettal.

Regulation 2 provides definitions of terms for the purposes of the regulations.

Regulation 3 provides for the manner in which the Minister is to determine the amount of the gross value of live-stock production for the meat and live-stock industry for a financial year.