CTHRepealedAct
Dairy Industry Adjustment Act 2000
94Termination of levy when core funding obligations are met
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94 Termination of levy when core funding obligations are met
(1) The Minister may, by notice published in the Gazette, declare that the 28th day after the day of the publication of the notice is the levy termination day for the purposes of this clause.
(2) The Minister must not make a declaration under subclause (1) unless the Minister is satisfied that there is no reasonable likelihood of money being paid out of the Dairy Structural Adjustment Fund, at any time after that 28th day, for any of the following purposes:
(a) making DSAP payments;
(b) making dairy exit payments;
(c) repaying money borrowed by the Corporation for the purpose of making payments for which money in the Dairy Structural Adjustment Fund may be expanded;
(d) meeting the expenses of the Corporation incurred in borrowing money for the purposes of making payments for which money in the Dairy Structural Adjustment Fund may be expanded.
(3) Levy is not payable under paragraph 89(1)(a), (b) or (c) on the sale of a leviable milk product if the sale occurs after the levy termination day.
(4) Levy is not payable under paragraph 89(1)(d) on the relevant application to a person’s own use of a leviable milk product if the relevant application occurs after the levy termination day.
95 Termination of levy if DSAP payment start day does not occur within 6 months after the Dairy Industry Adjustment Act 2000 receives Royal Assent
(1) This clause applies if the DSAP payment start day is not fixed by a Proclamation published in the Gazette within the period of 6 months beginning on the day on which the Dairy Industry Adjustment Act 2000 receives the Royal Assent.
(2) Levy is not payable under paragraph 89(1)(a), (b) or (c) on the sale of a leviable milk product if the sale occurs after the end of that period.
(3) Levy is not payable under paragraph 89(1)(d) on the relevant application to a person’s own use of a leviable milk product if the relevant application occurs after the end of that period.
Division 3—When levy due for payment