3Simplified outline

3 Simplified outline

The following is a simplified outline of this Act:

• This Act authorises the imposition of primary industries levies that are duties of excise.

• Each of Schedules 1 to 26 imposes a particular levy and makes provision for:

(a) the operative rate of the levy; and

(b) the maximum rate of the levy; and

(c) the person who is liable to pay the levy; and

(d) any exemptions from the levy.

• Schedule 27 allows the regulations to impose levies. In addition to imposing a particular levy, regulations under Schedule 27 are to set out:

(a) the operative rate of the levy; and

(b) the person who is liable to pay the levy; and

(c) any exemptions from the levy.

• Schedule 27 also deals with the maximum rate of levy that can be imposed by regulations under that Schedule.