Dairy Industry Act 1979 Regulation relating to milk prices (1991-127) [GG No 45 of 15.3.1991] (NSW)

1991—No. 127

DAIRY INDUSTRY ACT 1979—REGULATION

(Relating to milk prices)

NEW SOUTH WALES

[Published in Gazette No. 45 of 15 March 1991]

HIS Excellency the Governor, with the advice of the Executive Council, and in pursuance of the Dairy Industry Act 1979, has been pleased to make the Regulation set forth hereunder.

IAN ARMSTRONG

Minister for Agriculture and Rural Affairs.

Commencement

1. This Regulation commences on 28th March, 1991.

Amendments

2. The Dairy Industry (Pricing) Regulation 1984 is amended:

(a) by inserting in clause 4 (2) (1) above the word “Life” the following matter:

Gardencity Contour

Gardencity Lite

(b)	by omitting from Table 1 in Schedule 1 the matter “0.6500” opposite the words “Publicity allowance” and by inserting instead the matter “1.5200”;
(c)	by omitting from Table 1 in Schedule 1 the matter “**Industry” and by inserting instead the word “Industry”;
(d)	by omitting from Table 1 in Schedule 1 the matter “81.4112” opposite the word “TOTAL” and by inserting instead the matter

“82.2812” ;

(e) by omitting from Table 1 in Schedule 1 the note relating to the Industry contingency reserve;

1991—No. 127

(f) by omitting Table 2 from Schedule 1 and by inserting instead the following Table:

TABLE 2

COST DEFINITION BY INDUSTRY SECTOR

Column 1	Column 2	Column 3	Column 4
Sector	Cost	Index	Sector

Definition Weight

Price payable to Cash Dairy Price Index 0.2455

dairymen for

whole milk

Paid Labour Dairying Employees 0.0377

Award (farm control hand)

Capital returns	Bond rate	0.0754
Non-paid labour	Average male	0.1245

earnings

*Corporation and Administration Average male 0.0165

Conference	earnings
administration allowance (Administration/ Conference)

*Corporation and Administration Average male 0.0153

Conference	earnings
administration allowance (Quality control)

Publicity allowance	Advertising	CPI—General	0.0185
Allowance payable	Labour	Average male	0.0075

to receival	earnings
factories for treating milk

Administration and CPI—Food 0.01 32

overheads

Distribution/ Labour Average male 0.0698

Processing	earnings
adjustment fund (part of Corporation’s returns)

Vehicles General Carting 0.0141

Tariff 1972 Base

Surcharge

Vehicles CPI—Vehicle 0.0085

1991—No. 127

Column 1	Column 2	Column 3	Column 4
Sector	Cost	Index	Sector

Definition Weight

Business costs CPI–General 0.0085

Agent companies Labour Average male 0.0259

(processing) earnings

Administration and CPI–Food 0.0690

overheads

Margin for dairy Non-paid labour Average male 0.1663

produce merchant	earnings
by vehicle

Vehicles	CPI–Vehicle	0.0407
Business costs	CPI–General	0.0407

**Industry Reserve CPI–General 0.0024

contingency

reserve

NOTES: *Corporation and Conference administration allowance

The Corporation and Conference administration allowance includes sector weights of 0.000260 and 0.006077, both indexed according to average male earnings (an index the citation and source of which is set out in Table 3).
** Industry contingency reserve

The Industry contingency reserve includes a sector weight of 0.000243 indexed according to the Consumer Price Index—General (an index the citation and source of which is set out in Table 3).

EXPLANATORY NOTE

The object of this Regulation is to amend the Dairy Industry (Pricing) Regulation

1984:

(a) to exclude the modified milks "Gardencity Contour" and "Gardencity Lite" from the application of that Regulation; and

(b) to vary the publicity allowance margin component of milk prices; and

(c) to vary the values assigned to major identifiable costs in different sectors of the milk industry.

The Regulation also omits a note at the end of the Table of Base Prices and Margins in Schedule 1. Any financial support that may be given by the industry contingency reserve to the Sire Evaluation Program of the Department of Agriculture and Fisheries is not a fixed margin as the note might seem to suggest.