This determination may be cited as The National Standard Costs for Specified Livestock Determination, 2001.
This determination is made in terms of section EL 3A of the Income Tax Act 1994. It shall apply to any specified livestock on hand at the end of the 2000-2001 income year, where the taxpayer has elected to value that livestock under the national standard cost scheme for that income year.
For the purposes of section EL 3A of the Income Tax Act 1994, the national standard costs for specified livestock for the 2000-2001 income year are as set out in the following table.
National Standard Costs for Specified Livestock
Kind of Livestock Category of Livestock National Standard
$ Cost
Sheep Rising 1-year 17.00
Rising 2-year 10.70

Dairy Cattle Purchased bobby calves
Rising 1-year
Rising 2-year 156.00
427.00
77.60

Beef Cattle Rising 1-year 152.00
Rising 2-year 89.30
Rising 3-year male
non-breeding cattle
(all breeds)
89.30

Deer Rising 1-year 55.60
Rising 2-year 27.80

Goats (meat and fibre) Rising 1-year
Rising 2-year 12.70
8.40

Goats (dairy) Rising 1-year
Rising 2-year 81.50
14.00

Pigs Weaners to 10 weeks of age 71.30
Growing pigs 10 to 17 weeks of age
53.40
This determination is signed by me on the 24th day of January 2001.
MARTIN SMITH, General Manager (Adjudication
& Rulings).