Gross Value of Production for the Pig Industry for 2021-22

Overview

The Pig Industry Act 2001 was enacted by the Parliament of Australia to address issues and gaps within the pig industry, ensuring that it operates efficiently and sustainably. The Act provides a framework for the regulation and development of the pig industry, aiming to foster a stable and competitive environment that benefits all stakeholders. One of the key policy objectives of the Act is to facilitate the orderly development and marketing of pig products while ensuring that the industry meets both national and international standards. This particular Gazette, C2022G00552, dated 17 June 2022, is a notification issued by Alison Curran, a delegate of the Minister, under the authority of section 10(8)(a) of the Pig Industry Act 2001. It determines the Gross Value of Production for the pig industry for the financial year 2021-22, a critical metric for the industry's economic assessment and planning purposes. The specified Gross Value of Production for the pig industry for this period is $1,501,394,598, reflecting the total economic contribution of the industry during that year.

Scope and Application

The Pig Industry Act 2001 is a Commonwealth Act that applies to the pig industry in Australia, encompassing all entities and persons involved in the production, processing, and distribution of pig products. The Act provides a legislative framework for the regulation of the industry, including financial levies and the establishment of industry standards. The determination of the Gross Value of Production (GVP) for the industry, as demonstrated in the 2021-22 figures provided by Alison Curran, is an application of the Act's provisions. The Act's jurisdiction extends across Australia, as it is a Commonwealth Act. However, the Act may be supplemented by subordinate instruments, which can extend or restrict its application. There are no stated exclusions, exemptions, or thresholds in the provided text, although such provisions may exist within the broader context of the Act.

Key Provisions

The Pig Industry Act 2001 (Cth) sets out several key provisions, including the determination of the Gross Value of Production (GVP) for the pig industry. Under section 10(8)(a) of the Act, Alison Curran, as the delegate of the Minister, has the authority to determine the GVP for the pig industry for each financial year. For the 2021-22 period, the GVP for the pig industry has been determined to be $1,501,394,598, as evidenced by the Gazette C2022G00552. This determination is essential for various purposes, including funding allocations, industry support, and performance monitoring. The Act imposes specific obligations on the parties involved, including the requirement for the Minister's delegate to determine the GVP annually. This determination must be made with due consideration to the industry's economic performance and must be published in the Commonwealth Gazette to ensure transparency and accountability. Furthermore, the Act ensures that the GVP figure is based on accurate and verifiable data, thereby maintaining the integrity of the industry's financial assessments. Failure to comply with the provisions of the Pig Industry Act 2001 can lead to various consequences. While the specific section does not detail offences or penalties, the Act generally includes provisions for enforcement through the courts. Any breach of the Act's requirements could result in civil or criminal consequences, depending on the nature and severity of the non-compliance. Penalties for such breaches could include fines or other sanctions as determined by the relevant authorities, ensuring that the industry adheres to the legislative framework. The determination of the GVP is a critical function under the Pig Industry Act 2001, impacting numerous stakeholders within the industry. It provides a financial benchmark that aids in policy formulation, resource allocation, and industry development. The obligation to accurately determine and publish the GVP is a legal requirement that ensures the industry operates within a transparent and accountable framework. Any failure to meet these obligations could result in legal repercussions, reinforcing the importance of compliance with the Act.