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FACT SHEET
Tasmanian Beef Industry (Research and Development)
Trust Amendment Bill 2014
The Tasmanian Beef Industry (Research and Development) Trust Act 1990
establishes a Trust that distributes grant funding to support beef research,
development and extension. The Trust now holds almost $600,000*. The funds
were originally collected in the 1980's for a beef residue testing program that was
later superseded.
Over twenty years after the Trust was established, the Department of Primary
Industries, Parks, Water and Environment (DPIPWE) undertook an extensive
review of the Act in 2011-12, to consider whether the Trust arrangements
remained appropriate.
The Review recommended a number of measures to increase the accountability
and transparency of the Trust operations, whilst continuing the current
arrangements under which Trust funds and administration are managed by the
Tasmanian Farmers and Graziers Association (TFGA).
This Bill implements the recommendations of that Review. It will amend the
Tasmanian Beef Industry (Research and Development) Trust Act 1990 to:
Expand the Trust from three members to five;
Diversify the nomination process to source members from the wider
industry, and incorporate relevant agricultural science expertise;
Increase the annual reporting requirements placed on the Trust;
Require the Trust to invite the Minister to be an observer at every meeting
(or to send a representative); and
Permit the Minister to dissolve the Trust, if serious management breaches
occur which are not rectified, and cannot be resolved by any other
reasonable option.
The Bill will modernise the operations of the Beef Trust, to the benefit of all
Tasmania's beef producers.
* $596,863 as at 30 June 2014
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