1992--No. 114 DAIRY INDUSTRY ACT 1979--REGULATION (Relating to milk prices) NEW SOUTH WALES [Published in Gazette No. 33 of 6 March 1992] HIS Excellency the Governor, with the advice of the Executive Council, and in pursuance of the Dairy Industry Act 1979, has been pleased to make the Regulation set forth hereunder. IAN ARMSTRONG Minister for Agriculture and Rural Affairs. Commencement 1. This Regulation commences on 13th day of March, 1992. Amendments 2. The Dairy Industry (Pricing) Regulation 1984 is amended: (a) by inserting in clause 4 (2) (1) above the words "Gardencity Contour" the words "Bega Lite"; (b) by omitting from Table 1 of Schedule 1 the matter "1.5200" opposite the words "Publicity allowance" and by inserting instead the matter " 1.2200"; (c) by omitting from Table 1 of Schedule 1 the matter "82.2812" opposite the word "TOTAL" and by inserting instead the matter "81.9812"; 2 1992--No. 114 (d) by omitting Table 2 of Schedule 1 and by inserting instead the following Table: TABLE 2 COST DEFINITION BY INDUSTRY SECTOR Column 1 Sector Price payable to dairymen for whole milk Cash Column 2 Cost Definition Column 3 Index Dairy Price Index Column 4 Sector Weight 0.2464 Paid Labour Dairying Employees Award (farm control hand) Bond rate Average male earnings Average male earnings 0.0378 Capital returns Non-paid labour *Corporation and Conference administration allowance (Administration/ Conference) *Corporation and Conference administration allowance (Quality control) Publicity allowance Allowance payable to receival factories for treating milk Administration 0.0757 0.1250 0.0166 Administration Average male earnings 0.0154 Advertising Labour CPI-General Average male earnings 0.0149 0.0075 Administration and overheads Distribution/Processing adjustment fund (part of Corporation's returns) Labour CPI-Food Average male earnings 0.0132 0.0700 Vehicles General Carting Tariff 1972 Base Surcharge 0.0142 3 1992--No. 114 Vehicles Business costs Agent companies (processing) Labour Administration and overheads Margin for dairy produce merchant by vehicle Non-paid labour CPI-Vehicle CPI-General Average male earnings CPI-Food Average male earnings CPI-Vehicle CPI-General CPI-General 0.0085 0.0085 0.0260 0.0693 0.1670 Vehicles Business costs **Industry contingency reserve Reserve 0.0408 0.0408 0.0024 NOTES: * Corporation and Conference administration allowance The Corporation and Conference administration allowance includes sector weights of 0.000261 and 0.006099, both indexed according to average male earnings (an index the citation and source of which are set out in TabIe 3). ** Industry contingency reserve The Industry contingency reserve includes a sector weight of 0.000244 indexed according to the Consumer Price Index--General (an index the citation and source of which are set out in Table 3). EXPLANATORY NOTE The object of this Regulation is to amend the Dairy Industry (Pricing) Regulation 1984: (a) to exclude the modified milk known as "Bega Lite'' from the application of that Regulation; and (b) to vary the publicity allowance margin component of milk prices; and (c) to vary the values assigned to major identifiable costs in different sectors of the milk industry.