Primary Industries (Excise) Levies Amendment (Sweet Potatoes) Regulations 2024
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 12 June 2024
David Hurley
David Hurley
Governor‑General
By His Excellency’s Command
Murray Watt
Murray Watt
Minister for Agriculture, Fisheries and Forestry
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 (Sweet Potatoes) Regulations 2024.
(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 2024. | 1 July 2024 |
Note: This table relates only to the provisions of this instrument as originally made.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Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.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 30.2 of Schedule 15
Repeal the clause, substitute:
30.2 Rates of levy—marketing component
For the purposes of subclause 4(1) of Schedule 15 to the Excise Levies Act, the rate of levy on sweet potatoes is nil.
2 Subclause 30.3(3) of Schedule 15
Repeal the subclause (not including the note), substitute:
(3) For subclause (2), the amount that would have been paid for the sweet potatoes is:
(a) if unprocessed sweet potatoes of the same kind are sold on the same day—the market price for those sweet potatoes on that day; or
(b) in any other case—the value of the sweet potatoes immediately before processing.
(4) For paragraph (3)(b), the value of the sweet potatoes before processing must be substantiated by the producer’s financial records in accordance with generally accepted accounting principles.
3 Clause 30.4 of Schedule 15
Repeal the clause, substitute:
30.4 What is the eligible industry body for sweet potatoes
For subclauses 6(7), (8) and (10) of Schedule 15 to the Excise Levies Act, the eligible industry body for sweet potatoes is the Australian Sweetpotato Growers Inc. (ABN 82 577 850 667).
4 Subclause 30.5(4) of Schedule 15
Omit “30.2(3)”, substitute “30.3(3)”.