Rural Research and Development Legislation Amendment Act 2013 (146 of 2013)

Schedule 5   Matching voluntary payments

Wool Services Privatisation Act 2000

14   Subsection 31(6)

Repeal the subsection, substitute:

Overall limit on appropriation for category B payments

(6) For category B payments, the total limit on the appropriation is the sum of:

(a) the total amount of wool levy received by the Commonwealth, and for this purpose, amounts received by the Commonwealth as penalties for late payment of wool levy are not to be treated as amounts of wool levy; and

(b) amounts prescribed by the regulations.

(6A) Subsection (6) does not apply if the regulations so provide.