Tobacco Research and Development Regulations (Cth)
I, THE GOVERNOR-GENERAL of the Commonwealth of Australia,
acting with the advice of the Federal Executive Council, hereby make the
following Regulations under the
Dated 18 June 1990.
BILL HAYDEN
Governor-General
By His Excellency's Command,
J. KERIN
Minister of State for Primary Industries and Energy
"Council" means the Tobacco Research and Development Council specified in regulation 4;
"Fund" means the Tobacco Research and Development Fund specified in regulation 5;
"the Act" means thePrimary Industries and Energy Research and Development Act 1989;
"tobacco industry" means the Australian industry concerned with the production, distribution, processing and sale of tobacco leaf;
"tobacco leaf" means tobacco leaf grown in Australia.
(a) by section 4 of the
Tobacco Charge Act (No. 1) 1955; and(b) by section 5 of the
Tobacco Charge Act (No. 2) 1955; and(c) by section 4 of the
Tobacco Charge Act (No. 3) 1955;
is declared to be attached to the Fund.
(a) of paragraph 5 (b) of the
Tobacco Charge Act (No. 1) 1955; and(b) of paragraph 6 (b) of the
Tobacco Charge Act (No. 2) 1955; and(c) of paragraph 5 (b) of the
Tobacco Charge Act (No. 3) 1955;
is declared to be the research component of the levy.
where:
A is the value of tobacco leaf produced in the financial year ending 1 year before the start of the relevant year; and
B is the value of tobacco leaf produced in the financial year immediately before the relevant year; and
C is the estimated value of tobacco leaf to be produced in the relevant year.
(a) the gross value of tobacco leaf produced; or
(b) the estimated gross value of tobacco leaf to be produced;
by the tobacco industry in that financial year.
1. Notified in
the
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