Commonwealth Numbered Regulations

1991 No. 306 PRIMARY INDUSTRIES LEVIES AND CHARGES COLLECTION (WHEAT) REGULATIONS - REG 4

4. (1) For the purposes of section 6 of the Levy Act, the sale value of wheat
is:

   (a)  in the case of pool return wheat or other wheat subject to pooling
        arrangements-the amount of each payment made for the wheat; or

   (b)  in any other case-the sale price of the wheat:

        (i)    ascertained by reference to sales invoices or other sales
               documents relating to the wheat; or

        (ii)   if there are no invoices or documents of that kind-as if the
               wheat had been sold at the market price for that wheat when
               levy is imposed on the wheat.

(2) The value of wheat is to be net of handling, storage, transport and f.o.b.
costs.