44Stock and station agents

44 Stock and station agents

44 Stock and station agents

(1) For the purposes of this clause, identifiable stock being sent to a stock and station agent is a reportable transaction in respect of the agent.

(2) A stock and station agent in respect of whom a reportable transaction has occurred, must provide the NLIS administrator with the following information—

(a) the transaction information in relation to the reportable transaction,

(b) the agent’s agent identification code,

(c) if the stock and station agent is still in possession of the stock involved in the transaction (the relevant stock)—the property identification code of the property at which the stock are being held,

(d) if the stock and station agent is no longer in possession of the relevant stock—the property identification code of the property to which the stock were moved (the receiving property) and the date on which the stock were moved to the receiving property.

(3) Information provided to the NLIS administrator under this clause is to be provided within 2 days after the reportable transaction occurs.

(4) A stock and station agent must, by the close of business on each working day make a record of the following in relation to any reportable transactions occurring on that day and keep the record for at least 2 years—

(a) the relevant identification particulars of the relevant stock,

(b) if the relevant stock are sheep, goats or pigs—the number of sheep, goats or pigs,

(c) each movement of the relevant stock from the time the stock left the previous property until their arrival at the receiving property, including the property identification code of each property at which the stock have been held during that time.

(5) The owner of identifiable stock sent to a stock and station agent must provide the agent with the property identification code of the previous property.

cll 43–45: Am 2018 (394), Sch 1 [11].