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6. (1) The Agriculture and Horticulture Development Board must impose a levy to enable it to provide services for each industry covered by this Order, and Schedule 3 has effect.
(2) All figures in that Schedule exclude VAT.
(3) The levies are to enable the Board to—
(a)cover its costs in providing any of the services specified in Schedule 1;
(b)meet its administrative expenses;
(c)further a purpose in article 3(2); and
(d)establish a reserve fund.
(4) The rate of levy (and any higher rate for late payment of the levy) must be approved annually by the appropriate authority.
(5) The Board may delegate the collection of levy to a subsidiary company.
(6) Levy raised in relation to an industry may only be used in relation to that industry.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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