EXPLANATORY STATEMENT
Statutory Rules 1984 No. 170
Stevedoring Industry Levy (Rates of Levy) Regulations (Amendment)
(Issued by the Authority of the Minister for Employment and Industrial Relations)
The amendments to the Stevedoring Industry Levy (Rates of Levy) Regulations are designed to give effect to recommendations made by the Stevedoring Industry Finance Committee (the Committee) to the Minister with respect to the rate of levy prescribed for the purposes of Section 6 of the Stevedoring Industry Levy Act 1977 and with respect to the rate of levy to be prescribed for the purposes of Section 8 of the Act.
The Committee has recommended that the rate of the levy for the purposes of section 6 of the Act be increased from 35 cents to 88 cents per bulk handling man-hour of employment and the rate of the levy for purposes of section 8 of the Act be increased from 18 cents to 45 cents per tonne of overseas cargo loaded into or unloaded from ships. The Committee has recommended that the increases take effect on and from 1 August 1984.
The Committee has recommended that the existing tonnage levies be varied to enable funds to be generated for repayment of a loan taken out to fund redundancy in the stevedoring industry.
The amended regulations have effect from 1 August 1984.