Dairy Industry Act 1979 Regulation relating to milk prices (1992-114) [GG No 33 of 6.3.1992] (NSW)

1992—No. 114

DAIRY INDUSTRY ACT 1979—REGULATION

(Relating to milk prices)

NEW SOUTH WALES

[Published in Gazette No. 33 of 6 March 1992]

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 13th day of March, 1992.

Amendments

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

(a)	by inserting in clause 4 (2) (1) above the words “Gardencity Contour” the words “Bega Lite”;
(b)	by omitting from Table 1 of Schedule 1 the matter “1.5200” opposite the words “Publicity allowance” and by inserting instead the matter “ 1.2200”;
(c)	by omitting from Table 1 of Schedule 1 the matter “82.2812” opposite the word “TOTAL” and by inserting instead the matter “81.9812”;

1992—No. 114

(d) by omitting Table 2 of 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 0.2464

dairymen for

whole milk

Paid Labour Dairying Employees 0.0378

Award (farm

control hand)

Capital returns	Bond rate	0.0757
Non-paid labour	Average male	0.1250

earnings

*Corporation and Administration Average male 0.0166

Conference	earnings
administration allowance (Administration/ Conference)

*Corporation and Administration Average male 0.0154

Conference	earnings
administration allowance (Quality control)

Publicity allowance	Advertising	CPI-General	0.0149
Allowance payable	Labour	Average male	0.0075

to receival	earnings
factories for treating milk

Administration and CPI-Food 0.0132

overheads

Distribution/Proces- Labour Average male 0.0700

sing adjustment	earnings
fund (part of Corporation's returns)

Vehicles General Carting 0.0142

Tariff 1972 Base
Surcharge

1992—No. 114

Vehicles	CPI-Vehicle	0.0085
Business costs	CPI-General	0.0085

Agent companies Labour Average male 0.0260

(processing) earnings

Administration and CPI-Food 0.0693

overheads

Margin for dairy Non-paid labour Average male 0.1670

produce merchant	earnings
by vehicle

Vehicles	CPI-Vehicle	0.0408
Business costs	CPI-General	0.0408

**Industry Reserve CPI-General 0.0024

contingency

reserve

NOTES: * Corporation and Conference administration allowance

The Corporation and Conference administration allowance includes sector weights of 0.000261 and 0.006099, both indexed according to average male earnings (an index the citation and source of which are set out in TabIe 3). ** Industry contingency reserve

The Industry contingency reserve includes a sector weight of 0.000244 indexed according to the Consumer Price Index—General (an index the citation and source of which are 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 milk known as “Bega 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