Egg Industry Service Provision (Gross Value of Production for 2022-23) Determination 2023

Overview

The Egg Industry Service Provision (Gross Value of Production for 2022-23) Determination 2023 was enacted under the authority of Joanna Stanion, a delegate of the Minister for Agriculture, Fisheries and Forestry. This Determination was made in accordance with subsection 8(3) of the Egg Industry Service Provision Act 2002, to provide an accurate figure for the gross value of egg production in Australia for the financial year from 1 July 2022 to 30 June 2023. The determination addresses the need to establish a precise monetary value for egg production during the specified period, which is essential for various regulatory and financial purposes under the Act. The determination sets the gross value of egg production for this financial year at $1,078,104,743, reflecting the overall economic contribution of the egg industry during that period. This information is crucial for the implementation of policies and services related to the egg industry, ensuring that the sector is adequately supported and regulated.

Scope and Application

The Egg Industry Service Provision (Gross Value of Production for 2022-23) Determination 2023 sets the gross value of egg production in Australia for the financial year starting on 1 July 2022 and ending on 30 June 2023 at $1,078,104,743. This determination applies to entities involved in the production and service provision of eggs across Australia, including farmers, processors, and distributors within the egg industry. It is made under the authority of the Egg Industry Service Provision Act 2002 and is applicable nationally, encompassing all states and territories of Australia. The determination does not specify any exclusions, exemptions, or thresholds within the text, but it can be influenced by subordinate instruments that may further define or modify the application of the Act. The determination aims to provide a clear financial benchmark for the industry, which may impact funding and service provisions related to egg production.

Key Provisions

The key operative sections of the Egg Industry Service Provision (Gross Value of Production for 2022-23) Determination 2023I (subsection 8(3) of the Egg Industry Service Provision Act 2002) establish that the gross value of egg production in Australia for the financial year starting on 1 July 2022 and ending on 30 June 2023 is determined to be $1,078,104,743. This determination is crucial as it sets the financial baseline for the provision of services within the egg industry, including funding allocations and regulatory oversight. The act specifies the parameters for the calculation of this gross value, ensuring that all relevant economic activities within the industry are accurately accounted for. This determination is a formal acknowledgement of the industry's financial output for the specified period, providing a foundation for subsequent regulatory and service provisions. The obligations and requirements imposed by this Determination on the parties or entities it governs include ensuring accurate reporting and compliance with the specified gross value of production. All entities within the egg industry must adhere to the financial parameters set by this Determination when applying for or receiving industry services. This includes the provision of detailed financial records and data to support the gross value calculation. The Determination mandates that the information provided be transparent and verifiable to maintain the integrity of the service provision framework. Additionally, the entities are required to comply with any subsequent regulations or directives that may be issued based on this Determination, ensuring ongoing alignment with the financial baseline established. Breaching the provisions of this Determination can result in various civil or criminal consequences. While the Determination itself does not explicitly list penalties, any non-compliance with the Egg Industry Service Provision Act 2002 could potentially lead to legal action. Under the broader legislative framework, failure to provide accurate financial information or comply with regulatory requirements could result in fines or other civil penalties. In more severe cases, criminal charges may be brought against individuals or entities that deliberately misrepresent financial data or engage in fraudulent activities. The specific penalties would be determined in accordance with the relevant sections of the Egg Industry Service Provision Act 2002, with maximum penalties varying based on the severity of the breach.