Below is the commodity levy rate as set by the board of Dairy InSight on 16 April 2003:
1. Dairy farmers and collection agents are advised that the levy rate for the 1 June 2003 to 31 May 2004 season has been set at 3.4 cents per kilogram of milksolids (plus G.S.T.).
2. A "dairy farmer" means:
(a) a person whose business is or includes producing milksolids from bovine animals for supply to a dairy company; and
(b) includes a dairy farm owner, a dairy farm leaseholder, and a sharemilker.
3. A dairy farmer who produces milksolids is primarily responsible for paying the levy on it.
4. A "collection agent" means:
(a) a dairy company whose business is or includes buying milksolids from a dairy farmer; or
(b) a person whose business is or includes buying milksolids from a dairy farmer for supply directly or indirectly to a dairy company.
5. A collection agent who buys milksolids from a dairy farmer (except through another collection agent):
(a) must pay the levy on the milksolids; and
(b) may recover the levy (and any G.S.T. paid in respect of it) from the dairy farmer:
(i) by deducting the amount of the levy from the payment made to the dairy farmer for the milksolids; or
(ii) by recovering the amount of the levy as a debt due from the dairy farmer.
(c) If subclause 5 (b) (i) applies, the collection agent must provide the dairy farmer with information regarding the amount of levy deducted.
6. Dairy farmers and collection agents requiring further information should contact the Dairy InSight office by telephone on 0800 446 744 or by facsimile on (04) 460 8187 or email info@dairyinsight.co.nz