These Regulations, consisting of 5 sections completed by four Endnotes, regulates the Forestry Marketing and Research and Development Services. It also establishes the amounts of levy to be paid. The following amounts are prescribed: a) for the financial year commencing on 1 July 2015: $480 000; b) for the financial year commencing on 1 July 2016: $1 152 000; c) for the financial year commencing on 1 July 2017: $1 382 000; d) for a financial year commencing on or after 1 July 2018: $1 659 000. The Minister must determine the gross value of production of the Australian forestry industry, for a financial year (the relevant financial year), by using the following formula: CGVPI = A + B + C/3.
Australia · 2008-10-20