Overview

The Gross Value of Production for the Egg Industry for 2015-16 is set out in the Egg Industry Service Provision Act 2002. This Act was enacted to establish the framework for the collection of levies from participants in the egg industry, which is used to fund research and development activities. The enactment was authorised by the Parliament of Australia, with the aim of promoting the sustainable growth and competitiveness of the egg industry through targeted investments in research and innovation. On 27 June 2016, Fran Freeman, a delegate of the Minister for Agriculture and Water Resources, determined the Gross Value of Production for the egg industry for the 2015-16 period to be $725,411,733. This amount represents the total value of eggs produced and is subject to a levy that supports industry-led research and development initiatives aimed at improving production efficiency, quality, and market access for Australian egg producers.

Scope and Application

The Gross Value of Production for the Egg Industry for 2015-16 Act applies to the egg industry in Australia, specifically focusing on the financial aspect of research and development activities within the sector. This Act is instrumental in determining the financial contributions required from the egg industry for research and development, as outlined by the Minister for Agriculture and Water Resources under the Egg Industry Service Provision Act 2002. The Act, which sets the Gross Value of Production at $725,411,733 for the specified financial year, ensures that industry stakeholders are aware of their obligations and the allocation of funds towards research initiatives. The Act extends its jurisdiction across the nation, with its application not limited by state or territory boundaries. While the Act comprehensively addresses the financial requirements for research and development within the egg industry, it does not specify exclusions, exemptions, or thresholds beyond the gross value of production determined for the given financial year. The determination of the Gross Value of Production is a key aspect of the Act, and any further specifications or modifications are subject to the provisions and subordinate instruments of the Egg Industry Service Provision Act 2002.

Key Provisions

The legislation C2016G00948, dated 27th June 2016, sets forth the Gross Value of Production (GVP) for the egg industry for the financial year 2015-16. This determination was made by Fran Freeman, a delegate of the Minister for Agriculture and Water Resources under the provisions of the Egg Industry Service Provision Act 2002. Specifically, Section 10(1) of the Act allows for such determinations, and Section 8(3) mandates the declaration of the GVP amount. In this instance, the GVP for the egg industry has been determined to be $725,411,733. This amount is designated for research and development activities within the industry, as per the legislative framework. The Act imposes certain obligations and requirements on the entities governed by it. Primarily, it mandates that the Minister or their delegate determine the Gross Value of Production for the egg industry annually. This determination must be based on a thorough assessment of the industry's financial performance over the specified period. Additionally, the Act requires that the GVP amount be allocated specifically for research and development purposes. This ensures that the funds are used to enhance the industry's productivity, sustainability, and innovation, ultimately benefiting the broader agricultural sector. Failure to comply with the provisions of the Egg Industry Service Provision Act 2002 may result in various consequences. Although specific offences and penalties are not detailed in the provided excerpt, it is reasonable to infer that non-compliance could lead to civil or administrative penalties. Given the context of the Act, penalties might include fines or other sanctions aimed at enforcing the legislative requirements. These measures are designed to ensure that the industry adheres to the established framework for funding research and development activities. The maximum penalties, if applicable, would be determined by relevant authorities in accordance with the Act and associated regulations.