Australian Capital Territory
Stock (Minimum Stock Levy) Determination 2013 (No 1)
Disallowable Instrument DI2013—299
made under the
Stock Act 2005, s 7A (Minimum stock levy)
EXPLANATORY STATEMENT

The stock levy is established by section 8 of the Stock Act 2005 (the Act).  The stock levy is payable by an occupier of land held under a lease permitting the carrying of stock.

Section 7A of the Act permits the Minister to set a minimum stock levy, which is the minimum amount payable in stock levy by a leaseholder whose lease carries stock.  Section 7A of the Act was inserted by the Territory and Municipal Services Legislation Amendment Act 2013 (TAMS Act).  Before the passage of the TAMS Act, the minimum stock levy was set by the Executive (see repealed section 4 of the Stock Regulation 2005).

This instrument sets the minimum stock levy at nil for a small landholding or $40 for other landholdings.  A small landholding is defined in clause 4 of the instrument to mean a landholding of less than 10 hectares or one that has a stock-carrying capacity of less than 50 DSE (dry sheep equivalent).

A DSE is the standard unit for determining stock-carrying capacity of a landholding.  One DSE is equivalent to one 50 kg dry (non-lactating) wether sheep.

The instrument commences on the day after its notification day.