Commonwealth Consolidated Regulations

PRIMARY INDUSTRIES LEVIES AND CHARGES (NATIONAL RESIDUE SURVEY LEVIES) REGULATIONS 1998 - REG 70

    In Schedule   6 to the NRS Excise Levy Act and this Part:

"value" of leviable grain legumes has the meaning given in clause   2 of Schedule   12 to the Primary Industries (Excise) Levies Regulations   1999 .

Note 1:   Clause   1 of Schedule   6 to the NRS Excise Levy Act provides that value means the value as worked out in accordance with the Regulations.

Note 2:   Clause   2 of Schedule   12 to the Primary Industries (Excise) Levies Regulations   1999 is as follows:

2   What is the value of leviable grain legumes

  (1)   In this clause:

"grain legumes" means leviable grain legumes.

  (2)   For the definition of value in clause   1 of Schedule   12 to the Excise Levies Act, the value of grain legumes is:

  (a)   for grain legumes for sowing--the amount that would be the sale price of the grain legumes if they were not grain legumes for sowing and if they had been sold at the market price on the day the grain legumes were delivered as mentioned in paragraph   5(1)(a) of Schedule   12 to the Excise Levies Act; or

  (b)   for grain legumes in a pool--the amount of each payment made for the grain legumes; or

  (c)   in any other case:

  (i)   the sale price of the grain legumes according to the sales invoices or other sales documents for the grain legumes; or

  (ii)   if there are no sales invoices or other sales documents for the grain legumes--the amount that would be the sale price of the grain legumes if they had been sold at the market price on the day the grain legumes were delivered, or processed, as mentioned in subclause   5(1) of Schedule   12 to the Excise Levies Act.

  (3)   The value of grain legumes is to be net of handling, storage, transport and f.o.b. costs.

Note 3:   Sale price is taken not to include net GST--see regulation   3A of these Regulations and regulation   3A of the Primary Industries (Excise) Levies Regulations   1999 .