Second Reading Speeches

Dairy Adjustment Levy Termination Bill 2008

Type
Government
Portfolio
Agriculture, Fisheries and Forestry
Originating house
House of Representatives
Status
Act
Parliament no
42

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Summary

Amends the

Dairy Produce Act 1986
to finalise the Dairy Industry Adjustment Program by terminating the dairy adjustment levy, winding-up the Dairy Structural Adjustment Fund and terminating the Dairy Adjustment Authority. Also makes consequential amendments to the
Income Tax Assessment Act 1997
,
Remuneration Tribunal Act 1973
and
Social Security Act 1991
to remove references to the Dairy Industry Adjustment Program; repeals the
Dairy Adjustment Levy (Customs) Act 2000
,
Dairy Adjustment Levy (Excise) Act 2000
and
Dairy Adjustment Levy (General) Act 2000
which set the dairy adjustment levy rate; and includes a regulation-making power to make transitional arrangements.