Commonwealth Numbered Acts

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DEER VELVET LEVY ACT 1992 No. 29 of 1992 - SECT 9

Rate of levy on sale of deer velvet
9.(1) The rate of levy imposed under section 6 on deer velvet to which that
section applies is:

   (a)  the percentage of the sale value of the deer velvet that is specified
        in the regulations; or

   (b)  if no percentage is specified in the regulations - 5% of the
        sale value of the deer velvet.

(2) For the purposes of paragraph (1)(a), the percentage specified in the
regulations must not exceed 7% of the sale value of the deer velvet. 


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