Pig Industry (Gross Value of Pig Meat Production 2023-24) Determination 2024
I, Joanna Stanion, delegate of the Minister for Agriculture, Fisheries and Forestry, make this Determination under subsection 10(8) of the Pig Industry Act 2001.
For the purposes of subsection 10(8) of that Act, the amount of the gross value of pig meat production in Australia in the financial year starting on 1 July 2023 and ending on 30 June 2024 is determined to be $1,681,455,333.
Dated 2 August 2024
Joanna Stanion
Joanna Stanion
First Assistant Secretary, Agricultural Policy Division
Department of Agriculture, Fisheries and Forestry
Overview
The Pig Industry (Gross Value of Pig Meat Production 2023-24) Determination 2024 was enacted by Joanna Stanion, as a delegate of the Minister for Agriculture, Fisheries and Forestry, under the authority of subsection 10(8) of the Pig Industry Act 2001. This determination addresses the need to accurately assess the gross value of pig meat production in Australia for the financial year commencing on 1 July 2023 and concluding on 30 June 2024. The determination establishes that the gross value of pig meat production for this period is $1,681,455,333, a critical figure that informs various regulatory, financial, and policy decisions within the industry. The Pig Industry Act 2001, enacted by the Commonwealth Parliament, seeks to regulate and support the pig industry, ensuring sustainable practices and the fair distribution of benefits within the sector. The policy objective of this specific determination is to provide a clear and official valuation that can be relied upon for economic analysis, funding allocations, and compliance with industry standards.
Scope and Application
The Pig Industry (Gross Value of Pig Meat Production 2023-24) Determination 2024 applies to the entire pig industry within Australia, encompassing all entities involved in the production, processing, and sale of pig meat. This includes farmers, abattoirs, meat processors, and wholesalers operating within the scope of the Pig Industry Act 2001. The determination sets a specific monetary value for the gross production of pig meat in Australia for the financial year 2023-24, which is crucial for various regulatory and financial assessments within the industry. The determination also extends to relevant industry bodies and associations that are mandated to report or utilise this value for compliance and planning purposes. The geographical scope of the determination is national, applying uniformly across all states and territories in Australia. There are no stated exclusions or exemptions within the determination, although it is subject to the broader provisions and exceptions outlined in the Pig Industry Act 2001. The application of this determination can be further refined or extended through subordinate instruments made under the authority of the Act.
Key Provisions
The Pig Industry (Gross Value of Pig Meat Production 2023-24) Determination 2024, made under subsection 10(8) of the Pig Industry Act 2001, sets the gross value of pig meat production in Australia for the financial year starting on 1 July 2023 and ending on 30 June 2024 at $1,681,455,333. This determination provides a crucial benchmark for various regulatory and financial purposes within the pig industry. The figure represents the total value of pig meat produced in Australia during this period, a figure that will be instrumental in assessing contributions, subsidies, and other financial supports allocated to the sector.
Entities governed by the Pig Industry Act 2001 must adhere to the value set out in this determination for any financial year reporting, subsidies applications, and other relevant statutory requirements. This includes pig farmers, processors, and other stakeholders who rely on the gross value of pig meat production to calculate their financial obligations and entitlements. The determination ensures consistency and transparency in the reporting and financial management within the pig industry, providing a clear reference point for all parties involved.
Failure to comply with the provisions set out in this determination could lead to various consequences under the Pig Industry Act 2001. The Act includes provisions for both civil and criminal penalties for breaches. Specifically, section 12 of the Act provides for a maximum penalty of 5,000 penalty units for individuals and 25,000 penalty units for bodies corporate that knowingly provide false or misleading information regarding the gross value of pig meat production. Additionally, the Act may include provisions for administrative penalties, fines, or other civil remedies for non-compliance. These penalties serve as a deterrent to ensure that all entities accurately report and adhere to the statutory requirements set out in the legislation.