1 Name of Regulations
These Regulations are the Wool Services Privatisation (Miscellaneous Provisions) Regulations 2000.
2 Commencement
These Regulations commence on the commencement of Schedule 1 to the Wool Services Privatisation Act 2000.
3 Definitions
In these Regulations:
ABARE means the Australian Bureau of Agricultural and Resource Economics.
Act means the Wool Services Privatisation Act 2000.
4 Wool levy
For paragraph (b) of the definition of wool levy in section 7 of the Act, the following are prescribed:
(a) levy imposed under Part 2 of Schedule 27 to the Primary Industries (Excise) Levies Regulations 1999;
(b) charge imposed under Part 1 of Schedule 14 to the Primary Industries (Customs) Charges Regulations 2000.
5 Eligible wool
(1) For section 31 of the Act, eligible wool means shorn wool within the meaning of Part 2 of Schedule 37 to the Primary Industries Levies and Charges Collection Regulations 1991.
(2) For subsection 31 (7) of the Act, the Minister must determine the gross value of eligible wool produced in Australia in a financial year in accordance with subregulations (3) and (4).
(3) The gross value of eligible wool produced in Australia in a financial year is the average of an estimate provided by ABARE of the gross value of eligible wool produced in Australia in the financial year and the amounts stated by ABARE to be the gross value of eligible wool produced in Australia in each of the last 2 preceding financial years.
(4) However, if the determination for a financial year is made before:
(a) ABARE provides an estimate of the gross value of wool produced in Australia in the financial year; or
(b) ABARE states the gross value of eligible wool production for either of the last 2 preceding financial years;
the Minister must substitute his or her own estimate of that value for the missing estimate or statement.
1. Notified in the Commonwealth of Australia Gazette on 18 December 2000.