10—Application of Fund
(1) The Fund may be
applied by the Minister for any of the following purposes:
(a)
payment of compensation and other amounts under Part 3;
(b) on
the advice of a body that, in the opinion of the Minister, represents cattle
producers, payments to that body for 1 or more of the following purposes:
(i)
the reasonable operating and management expenses of the
body;
(ii)
promoting the cattle industry;
(iii)
participation of the body in regional, State or national
cattle industry forums;
(iv)
undertaking of programs relating to cattle, cattle
products or any aspect of the cattle industry;
(v)
undertaking or facilitating research and development, or
the collection and dissemination to cattle producers of information, relevant
to the cattle industry and, in particular, to the improvement of practices in
the industry;
(vi)
fees for affiliation of the body with regional, State or
national bodies representing or promoting the interests of the cattle
producers;
(vii)
other purposes of the body;
(c)
payments for other purposes for the benefit of cattle producers;
(d)
repayment of contributions to the Fund under regulation 7;
(e)
payment of the expenses of administering the Fund (including expenses incurred
in assessing compensation payable under these regulations and expenses
incurred by an inspector under regulation 13 if those expenses exceed the
proceeds of sale obtained under that regulation).
(2) A person who is in
default in relation to contributions to the Fund is not entitled to receive
any direct benefit or service funded by payments from the Fund.