Overview

The Gross Value of Production for the Dairy Industry for 2014-15 Act, 2015, was enacted to formalise and establish the gross value of production for the dairy industry for the specified financial year, payable for research and development activities. This Act was introduced to address the need for a clear and legally binding figure for the gross value of production in the dairy industry, ensuring that funds for research and development are accurately allocated. Enacted by the Australian Government, this legislation provides a definitive amount for the gross value of production, which is critical for funding and accountability purposes within the industry. The policy objective behind this Act is to support the dairy industry by ensuring that there is a transparent and agreed-upon figure for the gross value of production, facilitating effective allocation of resources towards industry research and development.

Scope and Application

The C2015G01186 legislation, published in the Gazette, pertains to the determination of the Gross Value of Production (GVP) for the dairy industry for the fiscal year 2014-15. This determination, made under the authority of the Dairy Produce Act 1986, is applicable to all entities and individuals engaged in the dairy industry within Australia. The gross value of production, set at $4,190,398,533 for the specified period, serves as a financial benchmark for funding research and development activities within the industry. The geographic scope of this legislation extends across the entire Commonwealth of Australia, ensuring a uniform application that encompasses all states and territories. Notably, this legislative instrument does not specify any exclusions, exemptions, or thresholds beyond the determination of the gross value of production itself. The application of this legislation is further extended through subordinate instruments as necessary, which may provide additional detail or clarification on how the GVP figure is to be implemented or utilised within the industry.

Key Provisions

The Gross Value of Production (GVP) for the dairy industry for the financial year 2014-15 is determined under the provisions of the Dairy Produce Act 1986 (sections 10(1) and 6(4)). The determination, made by Fran Freeman, a delegate of the Minister for Agriculture, sets the GVP for the dairy industry at $4,190,398,533. This amount is to be used for funding research and development activities within the industry (section 10(1)). The GVP is a crucial figure as it forms the basis for various levies and contributions imposed on the industry to support its growth and innovation. Under the Dairy Produce Act 1986, the GVP determination imposes certain obligations on the dairy industry. The industry is required to contribute to the funding of research and development activities using the specified GVP as a benchmark. This contribution is essential for advancing the sector, ensuring sustainable practices, and maintaining the competitiveness of Australian dairy products in both domestic and international markets. The levy collected through this determination ensures that the necessary funds are available for the industry's ongoing improvement and development. Failure to comply with the requirements of the Dairy Produce Act 1986, including the accurate calculation and payment of the GVP-based contributions, may lead to various consequences. The Act does not explicitly outline specific offences or penalties within the document itself. However, generally, breaches of the Act can result in enforcement actions by the Minister for Agriculture or relevant authorities. These actions may include fines, legal proceedings, or other administrative measures to ensure compliance. The precise penalties and consequences for non-compliance are typically detailed in other sections of the Act or in subsidiary legislation, which are not provided in the excerpt.