Dairy Structural Adjustment Program Scheme 2000
43Subsequent payments
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43 Subsequent payments
(1) If an entity is the registered owner of a unit in a payment right (granted on or before the initial payment day) on the first day of a quarter after the quarter in which the initial payment day occurs, the industry services body must pay to the entity, out of the Dairy Structural Adjustment Fund, for each unit in the payment right, $1 for that quarter.
(2) If an entity is the registered owner of a unit in a payment right (granted after the initial payment day) on the first day of a quarter after the quarter in which payment right was granted, the industry services body must pay to the entity, out of the Dairy Structural Adjustment Fund, for each unit in the payment right, $1 for that quarter.