Primary Industries (Consequential Amendments and Transitional Provisions) (Carry‑over Amount—Rural Industries Research and Development Corporation) 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—Rural Industries Research and Development Corporation) 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.
Commencement information |
Column 1 | Column 2 | Column 3 |
Provisions | Commencement | Date/Details |
1. The whole of this instrument | The day after this instrument is registered. | |
Note: This table relates only to the provisions of this instrument as originally made.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:
- the recipient body that is the Rural Industries Research and Development Corporation (ABN 25 203 754 319); and
- the relevant financial year that is the financial year beginning on 1 July 2025;
the amount is: $33,581,157.00 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: The Rural Industries Research and Development Corporation’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.
Overview
The Primary Industries (Consequential Amendments and Transitional Provisions) (Carry-over Amount—Rural Industries Research and Development Corporation) Instrument 2026 was introduced to address transitional provisions necessary for the implementation of consequential amendments in relation to the carry-over amount for the Rural Industries Research and Development Corporation. Enacted by Julie Collins, the Minister for Agriculture, Fisheries and Forestry, the instrument provides for the carry-over amount for the financial year beginning on 1 July 2025, as required under the Primary Industries (Consequential Amendments and Transitional Provisions) Act 2024. The policy objective is to ensure that the Rural Industries Research and Development Corporation’s qualifying expenditure amount for the relevant financial year is accurately calculated, taking into account the specified carry-over amount. The instrument is repealed at the start of 1 July 2026, ensuring its temporary nature in facilitating the transition to the new legislative framework.
Scope and Application
The Primary Industries (Consequential Amendments and Transitional Provisions) (Carry-over Amount—Rural Industries Research and Development Corporation) Instrument 2026 applies to the Rural Industries Research and Development Corporation (ABN 25 203 754 319) in relation to its qualifying expenditure for the financial year beginning on 1 July 2025. This instrument is made under the authority of the Primary Industries (Consequential Amendments and Transitional Provisions) Act 2024, and it specifies the carry-over amount that is to be included in the qualifying expenditure for the mentioned financial year. This instrument does not specify any exclusions or exemptions and applies solely to the Rural Industries Research and Development Corporation for the stated financial year. The instrument is repealed at the start of 1 July 2026, after which it no longer has any legal effect. The instrument’s provisions come into effect the day after it is registered, and the commencement details are outlined in the instrument itself.
Key Provisions
The Primary Industries (Consequential Amendments and Transitional Provisions) (Carry-over Amount—Rural Industries Research and Development Corporation) Instrument 2026 establishes the carry-over amount for the Rural Industries Research and Development Corporation (RIRDC) for the financial year beginning on 1 July 2025. This amount is specified in Section 5 of the instrument as $33,581,157.00 multiplied by 2, which totals $67,162,314.00. This instrument is effective from the day after it is registered, as outlined in Section 2. The instrument will be repealed at the start of 1 July 2026, as indicated in Section 6.
This Act imposes specific obligations on the Rural Industries Research and Development Corporation regarding the carry-over amount for the specified financial year. According to Section 5, the carry-over amount for the RIRDC for the financial year beginning on 1 July 2025 is to be included in the qualifying expenditure amount for that year, calculated in accordance with this instrument. This provision is designed to ensure that the RIRDC's financial records accurately reflect the carry-over amount for the relevant period, as per the requirements set out in the Primary Industries (Consequential Amendments and Transitional Provisions) Act 2024 and the Primary Industries Levies and Charges Disbursement Act 2024.
Breaches of the provisions outlined in this instrument could potentially lead to civil or criminal consequences, although specific offences, penalties, or consequences are not detailed in the text provided. The instrument is made under subitem 5(6) of Schedule 3 to the Primary Industries (Consequential Amendments and Transitional Provisions) Act 2024, and the authority for making this instrument is clearly stated in Section 3. The definitions provided in Section 4 help to clarify the terms used within the instrument, ensuring that there is no ambiguity in its interpretation or application.