Primary Industries (Excise) Levies Amendment (Forest Growers Levies) Regulations 2022
I, General the Honourable David Hurley AC DSC (Retd), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulations.
Dated 31 March 2022
David Hurley
Governor‑General
By His Excellency’s Command
David Littleproud
Minister for Agriculture and Northern Australia
Contents
1 Name
2 Commencement
3 Authority
4 Schedules
Schedule 1—Amendments
Primary Industries (Excise) Levies Regulations 1999
This instrument is the Primary Industries (Excise) Levies Amendment (Forest Growers Levies) Regulations 2022.
(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
Commencement information | ||
Column 1 | Column 2 | Column 3 |
Provisions | Commencement | Date/Details |
1. The whole of this instrument | 1 July 2022. | 1 July 2022 |
Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.
(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.
This instrument is made under the Primary Industries (Excise) Levies Act 1999.
Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.
Primary Industries (Excise) Levies Regulations 1999
1 Clause 8.3 of Schedule 27
Repeal the clause, substitute:
(1) The rate of levy imposed by this Division on a log is the sum of:
(a) the general component specified in subclause (2); and
(b) the research and development component specified in subclause (3).
(2) For the purposes of paragraph (1)(a), the general component is 5 cents per cubic metre of the log.
(3) For the purposes of paragraph (1)(b), the research and development component is:
(a) for the levy year starting on 1 July 2022—3.5 cents per cubic metre of the log; and
(b) for the levy year starting on 1 July 2023—6 cents per cubic metre of the log; and
(c) for the levy year starting on 1 July 2024 and later levy years—8.5 cents per cubic metre of the log.
2 Subclause 8.5(2) of Schedule 27
Omit “0.5 cents”, substitute “5 cents”.
3 At the end of Part 8 of Schedule 27
Add:
Division 8.3—Exemption from levy
For the purposes of clause 12 of Schedule 27 to the Excise Levies Act, the producer of logs is exempt from liability to pay levy imposed by this Part, in relation to a levy year starting on 1 July 2022 or later, if the producer produces less than 20,000 cubic metres of leviable logs in the levy year.