94Termination of levy when core funding obligations are met

#### 94 Termination of levy when core funding obligations are met (1) The Minister may, by legislative instrument, declare that the seventh day after the day on which the instrument is registered on the Federal Register of Legislative Instruments established under the Legislative Instruments Act 2003 is the levy termination day for the purposes of this clause. > Note: After the declaration was registered, the Legislative Instruments Act 2003 was renamed as the Legislation Act 2003. (2) The Minister must not make a declaration under subclause (1) unless the Minister is satisfied that there will be sufficient money in the Dairy Structural Adjustment Fund after the day declared under subclause (1), for the following purposes: (a) making DSAP payments; (aa) making SDA payments; (c) repaying money borrowed or otherwise raised for the purpose of making payments for which money in the Dairy Structural Adjustment Fund may be expanded; (d) meeting the expenses of the industry services body incurred in borrowing or otherwise raising money for the purposes of making payments for which money in the Dairy Structural Adjustment Fund may be expanded; (e) in meeting the obligations and liabilities of the industry services body in respect of contracts entered into or dealt with by it under clause 77CB; (f) in meeting the expenses of the industry services body incurred in respect of contracts entered into or dealt with by it under clause 77CB. (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.