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Deer Velvet Export Charge Bill 1992
This Digest does not have any official legal status. Other sources should be consulted to determine the subsequent official status of the Bill.
House: House of Representatives Portfolio: Primary Industries and Energy
Purpose To impose a charge on the export of deer velvet produced in Australia.
Background Refer to the Digest for the Deer Slaughter Levy Bill 1992.
Main Provisions This Bill will have effect from 1 July 1992 (clause 2).
The main object of this Bill will be to raise funds for research and development into the deer industry (clause 3).
`Deer velvet' is defined in clause 5 to be the developing antler of deer with its cutaneous covering, harvested as living tissue.
A charge will be imposed on the export of deer velvet produced in Australia, other than deer velvet on which levy has already been imposed under the Deer Velvet Levy Bill 1992, by clause 6.
Clause 7 deals with the rate of charge on the export of deer velvet produced in Australia. The rate of charge will be a prescribed percentage up to a maximum of 7% of the declared value of the deer velvet exported, or where no percentage is prescribed, 5% of the declared value. `Declared value' is defined to be the value of the deer velvet described in the bill of lading, or document of title, facilitating the export of the velvet.
The levy will be payable by the person who exports deer velvet from Australia (clause 9).
Bills Digest Service 27 February 1992 Parliamentary Research Service
For further information, if required, contact the Economics and Commerce Group on 06 2772460.
Commonwealth of Australia 1992.
Except to the extent of the uses permitted under the Copyright Act 1968, no part of this publication may be reproduced or transmitted in any form or by any means, including information storage and retrieval systems, without the prior written consent of the Parliamentary Library, other than by Members of the Australian Parliament in the course of their official duties.
Published by the Department of the Parliamentary Library, 1992.