Primary Industries (Consequential Amendments and Transitional Provisions) (Carry-over Amount—Australian Wool Innovation Limited) Instrument 2026

Primary Industries (Consequential Amendments and Transitional Provisions) (Carry‑over Amount—Australian Wool Innovation Limited) Instrument 2026

I, Julie Collins, Minister for Agriculture, Fisheries and Forestry, make the following instrument.

Dated 13 January 2026

Julie Collins

Minister for Agriculture, Fisheries and Forestry

Contents

Part 1—Preliminary

1  Name

2  Commencement

3  Authority

4  Definitions

Part 2—Carry-over amount

5  Carry‑over amount

6  Repeal of this instrument

Part 1—Preliminary

1  Name

  This instrument is the Primary Industries (Consequential Amendments and Transitional Provisions) (Carry‑over Amount—Australian Wool Innovation Limited) Instrument 2026.

2  Commencement

 (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

 (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3  Authority

  This instrument is made under subitem 5(6) of Schedule 3 to the Primary Industries (Consequential Amendments and Transitional Provisions) Act 2024.

4  Definitions

  In this instrument:

Act means the Primary Industries (Consequential Amendments and Transitional Provisions) Act 2024.

Disbursement Act means the Primary Industries Levies and Charges Disbursement Act 2024.

recipient body has the same meaning as in the Disbursement Act.

Part 2—Carry-over amount

5  Carry‑over amount

  For the purposes of paragraph 5(5)(b) of Schedule 3 to the Act, in relation to:

1.     the recipient body that is Australian Wool Innovation Limited (ABN 12 095 165 558); and
2.     the relevant financial year that is the financial year beginning on 1 July 2025;

the amount is: $73,921,339.00 multiplied by 2.

Note 1: Subitem 5(5) of Schedule 3 to the Act provides that, for the purposes of the operation of sections 23 and 24 of the Disbursement Act in relation to a recipient body and the financial year beginning on 1 July 2025, paragraph 24(1)(b) of that Act does not apply. Instead, the recipient body’s qualifying expenditure amount for that financial year is taken to include the amount specified in, or worked out in accordance with, an instrument made under subitem 5(6) in relation to that body.

Note 2: Paragraph 24(1)(b) of the Disbursement Act provides that a recipient body’s qualifying expenditure amount for a financial year includes any carry-over amount for the body for that year under subsection 23(5) of that Act, multiplied by 2.

Note 3: Australian Wool Innovation Limited’s qualifying expenditure amount for the financial year beginning on 1 July 2025 is taken to include the amount worked out in accordance with this section.

6  Repeal of this instrument

  This instrument is repealed at the start of 1 July 2026.