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Dairy Produce Legislation Amendment (Supplementary Assistance) Bill 2001

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1998-1999-2000-2001

 

 

THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA

 

 

THE SENATE

 

 

Dairy Produce Legislation Amendment (Supplementary Assistance) Bill 2001

 

 

Schedule of the request by the Senate for an amendment

 

 

 

 

 

(1)     Schedule 1, item 10, page 6 (after line 24), before subclause (1), insert:

Levels of additional market milk payment rights

          (1A)  It is a policy objective that there be 2 levels of additional market milk rights as follows:

                     (a)  basic additional market milk rights ;

                     (b)  additional market milk rights .

          (1B)  It is a policy objective that an entity is eligible for the higher of either:

                     (a)  basic additional market milk rights; or

                     (b)  additional market milk rights;

but not both.

Basic additional market milk rights

          (1C)  The basic additional market milk right is $15,000.

          (1D)  It is a policy objective that an entity is not eligible to be granted a basic additional market milk payment right unless:

                     (a)  the entity has been granted a payment right under the DSAP scheme in respect of a dairy farm enterprise (the qualifying enterprise ); and

                     (b)  the entity held an interest (of a kind referred to in the SDA scheme) in that enterprise, or in any other dairy farm enterprise, at a time referred to in the SDA scheme; and



                     (c)  the number (the market milk number ) worked out in accordance with the following formula is at least 25.1 (rounding to 1 decimal place and rounding up if the second decimal place is 5 or more):

 

x 100

 
Total number of litres of market milk delivered

by the qualifying enterprise in the

1998-1999 financial year

 

Total number of

litres of market milk

delivered by that

enterprise in that year

 

 

+

Total number of

litres of manufacturing

milk delivered by that

enterprise in that year

 

Note: See also subclause (5) for how those delivery numbers are worked out.

 

 

 

 

 

 

HARRY EVANS

Clerk of the Senate

 

 

The Senate

26 June 2001