EXPLANATORY NOTE
(This note is not part of the Regulations)
These Regulations establish the Beef Carbon Reduction Scheme. The Scheme provides for payments to be made by the Department to eligible farm businesses in relation to the slaughter of bulls, heifers and steers which meet the eligible animal requirements.
The Scheme—
specifies the payments available (regulation 3);
specifies the eligibility criteria for animals and farm businesses (regulations 4 and 5);
specifies the provision of information (regulation 6);
specifies the Scheme payment (regulation 7);
provides the powers for withholding and recovery of overpayments (regulation 8);
provides for the powers of authorised persons (regulations 9);
specifies the assistance to authorised persons (regulation 10); and
provides for the offences and penalties (regulation 11).