(1) For paragraph 5(1)(a) of the Act, the levy imposed by section 5 of the Fishing Levy Act 1991 is attached to the Corporation.
(2) For paragraph 5(3)(a) of the Act, for a financial year mentioned in an item of the following table, the research component of the levy mentioned in subregulation (1) is the percentage of the levy mentioned in the item.
Item | For the financial year commencing on ... | the percentage of the levy is ... |
1 | 1 July 1999 | 10.3% |
2 | 1 July 2000 | 10.1% |
3 | 1 July 2001 | 10.4% |
4 | 1 July 2002 | 9.5% |
5 | 1 July 2003 | 8.7% |
6 | 1 July 2004 | 8.2% |
7 | 1 July 2005 | 6.7% |
8 | 1 July 2006 | 12.35% |
9 | 1 July 2007 | 7.51% |
10 | 1 July 2008 | 7.64% |
11 | 1 July 2009 | 5.66% |
12 | 1 July 2010 | 5.61% |
13 | 1 July 2011 | 4.89% |
14 | 1 July 2012 | 4.88% |
15 | 1 July 2013 | 6.09% |
16 | 1 July 2014 | 6.11% |
17 | 1 July 2015 | 5.82% |
18 | 1 July 2016 | 5.8% |
19 | 1 July 2017 | 6.55% |
20 | 1 July 2018 | 7.13% |
21 | 1 July 2019 | 5.82% |
22 | 1 July 2020 | 7.07% |
23 | 1 July 2021 | 7.23% |
24 | 1 July 2022 | 6.63% |
25 | 1 July 2023 | 6.61% |
(3) For paragraph 5(3)(b) of the Act, the fishing industry is the primary industry to which the levy mentioned in subregulation (1) relates.
(4) If the Corporation has received levy payments during a
financial year mentioned in an item of the table in subregulation (2),
the amount of the research component of the levy for that year is to be
reduced by any payments of levy already made to the Corporation for that year.