Levies6
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.