Australian Capital Territory
Stock (Levy) Determination 2005 (No 2)
Disallowable Instrument DI 2005 —  178
made under the
Stock Act 2005, Section 6 – Stock Units and Levy amount

EXPLANATORY STATEMENT

The Stock Act 2005 is an Act about stock and related purposes.
Section 6 of the Act provides the Minister with the power to determine for each kind of stock, the number of animals making up a stock unit.  
The purpose of this determination is to determine a stock levy and stock unit. The Stock Act 2005 repeals the Stock Act 1991. A stock levy is again provided for in the Stock Act 2005.
This determination will set the stock levy for the 2005 – 2006 financial year to $0.00.  The stock levy will be suspended until farming conditions improve.

The fees take effect immediately upon commencement of the Stock Act 2005.

The determination under section 6 of the Act is a disallowable instrument.