Australian Capital Territory Numbered Acts

STOCK ACT 2005 (NO. 19 OF 2005) - SECT 8

    (1)     This section applies to a person who, in a financial year, is the occupier of land held under a lease permitting the carrying of stock.

    (2)     A levy ( stock levy ) is payable for the financial year by the person.

    (3)     The stock levy is the greater of the following:

        (a)     the amount worked out as follows—

;

        (b)     the minimum stock levy.

    (4)     In this section:

"DO" means the number of days in the financial year when the person is the occupier of the land.

"minimum stock levy" means the amount prescribed by regulation for this definition.

"SCC" means the stock-carrying capacity of the land determined under section 7.

"UL "means the levy amount determined under section 6 per stock unit.