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PIG INDUSTRY ACT 2001 No. 30, 2001 - SECT 10

Appropriation for payments under funding contract
(1)
The Consolidated Revenue Fund is appropriated for the purposes of payments by the Commonwealth under section 9.

Overall limit for marketing payments

(2)
For marketing payments, the total limit on the appropriation is the total amount of marketing levy received by the Commonwealth after 30 June 2000, less amounts that have been paid by the Commonwealth to the Australian Pork Corporation before the transfer time in respect of that levy.

(3)
In subsection (2):

"marketing levy" means any of the following:

(a)
levy ( new levy ) covered by paragraph 3(b) of Schedule 22 to the Primary Industries (Excise) Levies Act 1999 ;

(b)
amounts received under section 7 of the Levies Collection Act in relation to new levy;

(c)
amounts payable by way of penalty under section 15 of the Levies Collection Act in relation to new levy;

(d)
levy ( old levy ) received under paragraph 6(1)(b) of the repealed Pig Slaughter Levy Act 1971 ;

(e)
amounts received under section 7 of the Levies Collection Act in relation to old levy;

(f)
amounts payable by way of penalty under section 15 of the Levies Collection Act in relation to old levy;

(g)
amounts received under section 6 of the repealed Pig Slaughter Levy Collection Act 1971 in relation to old levy;

(h)
amounts payable by way of penalty under section 7 of the repealed Pig Slaughter Levy Collection Act 1971 in relation to old levy.

Overall limit for R&D payments

(4)
For R&D payments, the total limit on the appropriation is the total amount of R&D levy received by the Commonwealth after 30 June 2000, less amounts that have been paid by the Commonwealth to the Pig Research and Development Corporation before the transfer time in respect of that levy.

(5)
In subsection (4):

R&D levy means any of the following:

(a)
levy ( new levy ) covered by paragraph 3(a) of Schedule 22 to the Primary Industries (Excise) Levies Act 1999 ;

(b)
amounts received under section 7 of the Levies Collection Act in relation to new levy;

(c)
amounts payable by way of penalty under section 15 of the Levies Collection Act in relation to new levy;

(d)
levy ( old levy ) received under paragraph 6(1)(a) of the repealed Pig Slaughter Levy Act 1971 ;

(e)
amounts received under section 7 of the Levies Collection Act in relation to old levy;

(f)
amounts payable by way of penalty under section 15 of the Levies Collection Act in relation to old levy;

(g)
amounts received under section 6 of the repealed Pig Slaughter Levy Collection Act 1971 in relation to old levy;

(h)
amounts payable by way of penalty under section 7 of the repealed Pig Slaughter Levy Collection Act 1971 in relation to old levy.

Overall limit for matching payments

(6)
For matching payments, the total limit on the appropriation is the total amount of levy received by the Commonwealth (either before or after the commencement of this section), less amounts that have been paid by the Commonwealth to the Pig Research and Development Corporation before the transfer time, in respect of that levy, under paragraph 30(1)(b) of the Primary Industries and Energy Research and Development Act 1989 .

(7)
In subsection (6):

"levy" means any of the following:

(a)
levy ( new levy ) covered by paragraph 3(a) of Schedule 22 to the Primary Industries (Excise) Levies Act 1999 ;

(b)
amounts received under section 7 of the Levies Collection Act in relation to new levy;

(c)
levy ( old levy ) received under paragraph 6(1)(a) of the repealed Pig Slaughter Levy Act 1971 ;

(d)
amounts received under section 7 of the Levies Collection Act in relation to old levy;

(e)
amounts received under section 6 of the repealed Pig Slaughter Levy Collection Act 1971 in relation to old levy.

Annual limit for matching payments

(8)
For matching payments in respect of a particular financial year, the limit on the appropriation is the lesser of:

(a)
0.5% of the amount determined by the Minister to be the gross value of pig meat production in Australia in that financial year; and

(b)
50% of the amount spent by the eligible body in that financial year on activities that qualify, under the funding contract, as research and development activities.

(9)
For the purposes of subsection (8), the regulations may prescribe the manner in which the Minister is to determine the gross value of pig meat production in Australia in a financial year.

Division 3—Industry services body


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