Forest and Wood Products Research and Development Corporation Regulations (Amendment) (Cth)

Statutory Rules 1994

No. 203 1

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Forest and Wood Products Research and Development Corporation Regulations 2(Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Primary Industries and Energy Research and Development Act 1989.

Dated 21 June 1994.

 BILL HAYDEN

 Governor-General

By His Excellency’s Command,

D. BEDDALL

Minister for Resources

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1.   Commencement

1.1   These Regulations commence on 1 July 1994.

2.   Amendment

2.1   The Forest and Wood Products Research and Development Corporation Regulations are amended as set out in these Regulations.

3.   Regulation 3 (Interpretation)

3.1   Insert the following definitions:

“‘Act’ means the Primary Industries and Energy Research and Development Act 1989;

‘Corporation’ means the Forest and Wood Products Research and Development Corporation referred to in regulation 4;

‘logs’ has the same meaning as in the Forest Industries Research Levy Act 1993.”.

4.   New Regulations 5 and 6

4.1   Add at the end:

Levy attached to the Corporation

 “5. (1) For the purposes of paragraph 5 (1) (a) of the Act, the levies imposed by:

• (a)

  section 5 of the Forest Industries Research Levy Act 1993; and

• (b)

  section 5 of the Forest Industries Research Export Charge Act 1993; and

• (c)

  section 5 of the Forest Industries Research Import Charge Act 1993;

are attached to the Corporation.

 “(2)For the purposes of paragraph 5 (3) (a) of the Act, the whole of each of those levies is the research component.

 “(3)For the purposes of paragraph 5 (3) (b) of the Act, the forest and wood products industry is the primary industry to which each levy relates.

Gross value of production for the forest and wood products industry

 “6. (1) For the purposes of subsection 32 (2) of the Act, the Minister must determine the gross value of production for a financial year (in this regulation called “current year”) of logs:

• (a)

  produced in Australia by the forest and wood products industry; and

• (b)

  in respect of which a levy has been attached to the Corporation;

by calculating that value in accordance with the formula:

where:

‘year1’   is the value of the leviable logs produced in Australia in the financial year ending 1 year before the start of the current year; and

‘year2’   is the value of the leviable logs produced in Australia in the financial year immediately before the current year; and

‘year3’   is the estimated value of the leviable logs to be produced in Australia in the current year.

 “(2) A reference in this regulation to the value of leviable logs produced or to be produced in Australia in a financial year is a reference to:

• (a)

  the gross value of leviable logs produced in Australia in that year; or

• (b)

  the estimated gross value of leviable logs produced or to be produced in Australia in that year;

by the forest and wood products industry as shown in the official statistics supplied by the Australian Bureau of Agriculture and Resource Economics.”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 28 June 1994.

2. Statutory Rules 1993 No. 209.