Commonwealth Numbered Regulations

PRIMARY INDUSTRIES (EXCISE) LEVIES AMENDMENT (THOROUGHBRED HORSES) REGULATIONS 2017 (F2017L01010) - SCHEDULE 1

Primary Industries (Excise) Levies Regulations 1999

1  In the appropriate position in Schedule 27

Insert:

Part 12 -- Thoroughbred horses

12.1   Imposition of levy

             (1)  For the purposes of subclause 2(1) of Schedule 27 to the Excise Levies Act, levy is imposed on thoroughbred horses.

             (2)  Levy is not imposed by this Part on a thoroughbred horse that is a mare unless the mare is recorded in a mare return lodged by the producer of the mare with Racing Australia for registration in the Australian Stud Book.

             (3)  Levy is not imposed by this Part on a thoroughbred horse that is a stallion unless:

                     (a)  the stallion covers a mare; and

                     (b)  the covering is recorded in a declaration of service lodged by the producer of the stallion with Racing Australia for registration in the Australian Stud Book.

Note 1:       The levy is attached to the Rural Industries Research and Development Corporation--see section 5 of the Primary Industries Research and Development Act 1989 and subregulation 50(1) of the Rural Industries Research and Development Corporation Regulations 2000 .

Note 2:       The whole of the levy is the research component of the levy--see subsection 5(3) of the Primary Industries Research and Development Act 1989 and subregulation 50(2) of the Rural Industries Research and Development Corporation Regulations 2000 .

12.2   Rate of levy

                   The rate of levy imposed by this Part on a thoroughbred horse is as follows:

                     (a)  for a mare--$10 for each mare included in a mare return in a levy year;

                     (b)  for a stallion--$10 for each mare covered by the stallion in a levy year, if the covering is recorded in a declaration of service.

12.3   Who pays the levy

                   Levy imposed by this Part on a thoroughbred horse is payable:

                     (a)  for a mare--by the producer of the mare; and

                     (b)  for a stallion--by the producer of the stallion .