Agricultural and Veterinary Chemical Products (Collection of Levy) Amendment Regulations 2005 (No. 1)1

Select Legislative Instrument 2005 No. 106

I, PHILIP MICHAEL JEFFERY, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Agricultural and Veterinary Chemical Products (Collection of Levy) Act 1994.

Dated 7 June 2005

P. M. JEFFERY

Governor-General

By His Excellency’s Command

RICHARD COLBECK

Parliamentary Secretary to the Minister for Agriculture, Fisheries and Forestry

1 Name of Regulations

These Regulations are the Agricultural and Veterinary Chemical Products (Collection of Levy) Amendment Regulations 2005 (No. 1).

2 Commencement

These Regulations commence on 1 July 2005.

3 Amendment of Agricultural and Veterinary Chemical Products (Collection of Levy) Regulations 1995

Schedule 1 amends the Agricultural and Veterinary Chemical Products (Collection of Levy) Regulations 1995.

Schedule 1 Amendments

(regulation 3)

[1] Subparagraphs 4 (b) (ii) and 5 (b) (ii)

omit

calendar year.

insert

calendar year up to and including 2003.

[2] Paragraphs 6 (1) (b) and (2) (b)

omit

calendar year.

insert

calendar year up to and including 2003.

[3] After regulation 6

insert

6A Rate of levy — section 12C of the Act

For the purposes of the definition of rate of levy in subsection 12C (1) of the Act, the following rates are prescribed in respect of the 2005-2006 financial year and each succeeding financial year:

(a) the rate of 0.9% for the first $1 million of leviable disposals or part thereof;

(b) the rate of 0.55% for any amount in excess of the first $1 million of leviable disposals up to and including $5 million;