Gross Value of Production for the Dairy Industry for 2020-21

Overview

The Gross Value of Production for the Dairy Industry for the 2020-21 financial year has been established through the Dairy Produce Act 1986, which was enacted by the Parliament of Australia to provide a framework for the regulation of the dairy industry. The legislation was introduced to address issues related to the economic stability and value assessment of dairy production in Australia. As a delegate of the Secretary of the Department of Agriculture, Water and the Environment, Joanna Stanion determined that the Gross Value of Production for the dairy industry for 2020-21 was $4,526,533,327, dated 17 June 2021. This determination is crucial for the accurate assessment of the industry’s financial standing and for the implementation of relevant policies aimed at supporting the sector.

Scope and Application

The Dairy Produce Act 1986 applies to the dairy industry, specifically setting the Gross Value of Production for the 2020-21 period at $4,526,533,327, as determined by Joanna Stanion, a delegate of the Secretary of the Department of Agriculture, Water and the Environment. This Act pertains to the entire dairy industry within Australia, impacting all entities and individuals involved in the production and processing of dairy products. The geographic reach of this legislation is national, encompassing all states and territories of Australia. This determination is made under the authority granted by subsection 6(4) of the Act, and the specified amount reflects the total economic contribution of the industry during the stated financial year. The Act does not exclude any particular entity or individual from its purview, thus ensuring comprehensive coverage of the industry. Any subordinate instruments or regulations that might extend or restrict the application of the Act would be detailed in subsequent legislative amendments or specific directives, though no such instruments are mentioned in this particular gazette.

Key Provisions

The key operative sections of the Gazette C2022G00092 establish the Gross Value of Production for the dairy industry for the financial year 2020-21. According to section 6(4) of the Dairy Produce Act 1986, the delegate of the Secretary of the Department of Agriculture, Water and the Environment, Joanna Stanion, has determined this value to be $4,526,533,327. This determination is based on the assessment of industry data and is a crucial figure for various economic and regulatory purposes within the dairy sector. The Act imposes specific obligations on the entities it governs, particularly focusing on the transparency and accuracy of the reported Gross Value of Production. The determination by Joanna Stanion, a delegate of the Secretary, ensures that there is a formal and authoritative figure that can be relied upon by industry stakeholders, government bodies, and regulatory agencies. This requirement is integral for compliance with financial reporting, subsidy allocations, and other regulatory measures that depend on this figure. Failure to adhere to the requirements set out in the Dairy Produce Act 1986 may lead to significant legal consequences. While the specific offences and penalties are not detailed in the Gazette, breaches of the Act can generally result in civil or criminal penalties. These can include fines, imprisonment, or other sanctions as determined by the relevant authorities. The precise penalties are typically outlined in other sections of the Act and related legislation, which may impose fines or imprisonment for serious or repeated breaches. Given the importance of the Gross Value of Production figure, entities within the dairy industry must ensure that they comply with all reporting and accuracy requirements to avoid any potential legal ramifications. The Gazette serves as an official record of this determination and highlights the importance of accuracy in economic data within the industry.