EXPLANATORY STATEMENT
STATUTORY RULES 1983 No. 25
Issued by the Authority of the Minister for Primary Industry
COTTON RESEARCH REGULATIONS
The Cotton Research Act 1982 provides the machinery for the collection of the levy imposed by the related Cotton Levy Act 1982 and for the establishment of a Cotton Research Trust Account from which funds will be used to finance cotton research, approved by the Minister on the recommendation of the Cotton Research Committee, and associated Committee expenses.
Section 30 of the Cotton Research Act 1982 provides that regulations may be made not inconsistent with that Act, for the purposes of facilitating the collection of amounts of levy and penalty and in particular:-
(a) providing for the manner of payment of levy;
(b) requiring the keeping of records by processors in respect of leviable cotton;
(c) requiring the furnishing of returns by processors in respect of leviable cotton; and
(d) prescribing penalties, not exceeding a fine of $200, for offences against the regulations.
In accordance with Section 30 of the Cotton Research Act, 1982 the Cotton Research Regulations prescribe the necessary administrative arrangements to give effect to levy collection provisions under the Act.