5Definitions

5 Definitions

Note: A number of expressions used in this instrument are defined in the Act, including the following:

(a) Commission;
(b) corporation;
(c) trade or commerce.

In this instrument:

Act means the Competition and Consumer Act 2010.

Agriculture Minister means the Minister administering the Primary Industries Levies and Charges Collection Act 2024.

both exclusive supply and a maximum volume: see subsection 31(2).

both exclusive supply and tier pricing: see subsection 32(2).

Code means the industry code set out in Division 2 of Part 2.

cooling‑off period: see subsection 23(2).

dispute means a dispute between the parties to a milk supply agreement in relation to a matter arising under or in connection with the agreement.

Note: An example of a matter arising in connection with a milk supply agreement is the termination of the agreement.

exclusive supply agreement means a milk supply agreement between a farmer and a processor that prohibits the farmer supplying milk to another processor.

farmer means a person that produces, or that may produce, milk.

industry code has the meaning given by subsection 51ACA(1) of the Act.

loyalty payment, in relation to a milk supply agreement between a processor and a farmer, means an amount payable to the farmer under the agreement because the agreement is not terminated before the end of the supply period of the agreement (whether or not the agreement describes the amount as a loyalty payment, and whether or not the payment is subject to other conditions).

milk means the lacteal fluid product:

(a) of the dairy cow; and
(b) that is unprocessed.

milk supply agreement means a contract between a processor and a farmer for the supply of milk.

minimum price under a milk supply agreement, for a period, means the lowest price payable under the agreement for milk that meets the processor’s milk quality requirements specified in the agreement and that is supplied during the period, disregarding: