20‑1 Imposition of farmed prawns levy an20‑1 Imposition of farmed prawns levy and white spot disease repayment levy

20‑1 Imposition of farmed prawns levy and white spot disease repayment levy

Farmed prawns levy (1) Levy is imposed on farmed prawns if: (a) the farmed prawns are harvested in Australia; and (b) one of the following applies: (i) the farmed prawns are delivered to a person in Australia by the person who owns the farmed prawns immediately after they are harvested; (ii) the farmed prawns are sold by the person who owns the farmed prawns immediately after they are harvested; (iii) the farmed prawns are processed by or for the person who owns the farmed prawns immediately after they are harvested.

Note: Amounts equal to farmed prawns levy received by or on behalf of the Commonwealth are to be paid to the Fisheries Research and Development Corporation under the Primary Industries Levies and Charges Disbursement Act 2024, for spending on research and development activities for the benefit of the farmed prawn industry.

White spot disease repayment levy (2) Levy is imposed on farmed prawns if: (a) the farmed prawns are harvested in Australia; and (b) one of the following applies: (i) the farmed prawns are delivered to a person in Australia by the person who owns the farmed prawns immediately after they are harvested; (ii) the farmed prawns are sold by the person who owns the farmed prawns immediately after they are harvested; (iii) the farmed prawns are processed by or for the person who owns the farmed prawns immediately after they are harvested.

Note: Amounts equal to white spot disease repayment levy received by or on behalf of the Commonwealth:

(a) are initially retained by the Commonwealth to repay the government‑underwritten assistance package provided to prawn farmers affected by white spot disease in the Logan River area of Queensland; and
(b) after the farmed prawn industry’s liability to the Commonwealth is repaid are to be paid to the Fisheries Research and Development Corporation under the Primary Industries Levies and Charges Disbursement Act 2024.

Definitions (3) Farmed prawns means banana prawns, black tiger prawns, brown tiger prawns, Australian Kuruma prawns or Eastern school prawns that are produced by aquaculture. (4) Banana prawn means an animal of the species Penaeus merguiensis, also known as Fenneropenaeus merguiensis. (5) Black tiger prawn means an animal of the species Penaeus monodon. (6) Brown tiger prawn means an animal of the species Penaeus esculentus. (7) Australian Kuruma prawn means an animal of the species Penaeus pulchricaudatus (formerly known as Penaeus japonicus). (8) Eastern school prawn means an animal of the species Metapenaeus macleayi.