Fisheries (General and Fees) Regulations 2016
SCHEDULE 3 - Fee under 1994 AbSCHEDULE 3 - Fee under 1994 Abalone Deed of Agreement
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SCHEDULE 3 - Fee under 1994 Ab SCHEDULE 3 - Fee under 1994 Abalone Deed of Agreement
1. Interpretation
In this Schedule –
billing period means billing period under clause 5 of the 1994 abalone deed of agreement;
BP or beach price means the beach price calculated under regulation 9 ;
Fee% means the fee percentage calculated under clause 3 ;
financial year means the 12-month period commencing on 1 July in any year;
relevant billing period, for a fee, means the billing period for which the fee is to be calculated.
2. Calculation of fee
The fee is to be determined in accordance with the following formula:
3. Fee percentage
(1) The fee percentage is to be calculated in accordance with the following table:
| Fee percentage per kg | | Indexed beach price | | 0.00% | @ | $7.00 and below | | 4.00% | @ | $7.01 to $29.99 | | 4.00% | @ | $30.00 | | 12.00% | @ | $70.00 and all beach prices thereafter |
(2) For the purposes of the table in subclause (1) , the BP is to be indexed in accordance with the following formula:
where –
i1 is indexation, calculated under subclauses (3) and (4) , of the value of a fee unit.
(3) The formula for the purposes of the definition of i1 in is:
