PRIMARY INDUSTRIES LEVIES AND CHARGES COLLECTION (OILSEEDS) REGULATIONS (AMENDMENT) 1993 NO. 247

PRIMARY INDUSTRIES LEVIES AND CHARGES COLLECTION (OILSEEDS) REGULATIONS (AMENDMENT) 1993 NO. 247

STATUTORY RULES 1993 No. 247

Issued by Authority of the Minister for Primary Industries and Energy

Oilseeds Levy Act 1977

Primary Industries Levies and Charges Collection Act 1991

Primary Industries Levies and Charges Collection (Oilseeds) Regulations (Amendment)

The Primary Industries Levies and Charges Collection (Oilseeds) Regulations (the Regulations) currently define, for the purpose of determining levy, the sale value for oilseeds whether they are included in a pool or otherwise sold. This definition does not take account of the special situation of oilseeds that have been produced specifically for sale as seed for sowing. In this case there are added costs in growing the oilseeds and the harvested product is subjected to .special cleaning, grading and chemical processes, as well as requiring packaging and labelling. As a result, the sale price of the seed is significantly higher than the price at which oilseeds of the same type would be sold for normal commercial purposes such as milling or stockfeed.

The proposed Regulations will provide that, for the purposes of determining levy, the sale value of oilseeds sold as seed for sowing shall be determined as if the oilseeds had been sold at the market price applying to oilseeds sold for normal commercial purposes at the time levy is imposed. This will ensure that under the ad valorem levy arrangements, seed oilseed growers are levied on the same basis as other oilseed growers. The opportunity has also been taken to bring the current definition of value into line with similar provisions in regulations for other grains.

The proposed Regulations will commence on 1 October to coincide with the start of the bulk of the oilseeds harvest and the commencement of a levy collection period.

Details of the proposed Regulations are set out in the Attachment.

ATTACHMENT

Details of the proposed Regulations are as follows:

Regulation 1 - Provides for the proposed Regulations to commence on 1 October 1993.

Regulation 2 - Provides for the amendment of the Primary Industries Levies and Charges Collection (Oilseeds) Regulations.

Regulation 3 -

Subregulation 3.1 inserts a new paragraph in regulation 3 A to provide that the sale value of oilseeds sold as seed for sowing shall be determined as if the oilseeds had been sold for normal commercial purposes at the market price prevailing on the day the oilseeds were delivered.

Subregulation 3.2 amends subparagraph 3B(1)(b)(ii) relating to oilseeds other than seed oilseeds, to clarify that the sale value where there are no sales invoices, is the market price prevailing on the day the oilseeds were delivered.