Commonwealth Numbered Regulations - Explanatory Statements

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STEVEDORING INDUSTRY LEVY (RATES OF LEVY) REGULATIONS (REPEAL) 1995 NO. 255

EXPLANATORY STATEMENT

Statutory Rules 1995 No. 255

Issued by the Authority of the Minister for Industrial Relations

Stevedoring Industry Levy Act 19 77

Stevedoring Industry Levy (Rates of Levy) Regulations (Repeal)

The Stevedoring Industry Levy Act 1977 (the Act) is one of three pieces of stevedoring legislation which established and provided for the collection of levies for the purpose of funding the Stevedoring Industry Finance Committee (the Committee) in meeting its obligations.

Section 12 of the Act provided in part that the Governor-General may make regulations which prescribed the rates of levy imposed by the Act. In doing so, the Governor-General must take into consideration the recommendations made to the Minister of State for Industrial Relations by the Stevedoring Industry Finance Committee.

Sufficient levy has been collected to provide funds to the Committee to enable it to discharge the loan taken out to fund the employer contribution to redundancy costs associated with waterfront reform. Under section 32 of the Stevedoring Industry Finance Committee Act 1977, the Committee is required to take certain steps as part of the process for terminating the levy collection framework. The Committee advised the Minister on 11 August 1995, that it considers that, while this process is underway, it would be appropriate to suspend, from 1 September 1995, the obligation on stevedoring employers to pay levy.

Subregulation 1.1 provides that the amending regulations commence on 1 September 1995.

Subregulation 2.1 repealed the Stevedoring Industry Levy (Rates of Levy) Regulations that prescribed the amount of levy to be imposed for the purposes of sections 6, 7 and 8 of the Act, and was in accordance with the recommendation of the Committee.


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