Document ID: chunk:federal_register_of_legislation:F2024L01568:clause:2_2
Version: federal_register_of_legislation:F2024L01568
Segment Type: clause
Provision Reference: sch 2 cl 2
Character Range: 413822–416077

2                              When is the equivalent amount due and payable?                                                                                                                                                               (a) if the calendar month is the threshold calendar month in the sugarcane season or any earlier calendar month in the season:
                                                                                                                                                                                                                                            (i) 60% of the equivalent amount is due and payable on the last day of the next calendar month after the threshold calendar month; and
                                                                                                                                                                                                                                            (ii) 40% of the equivalent amount is due and payable on the last day of February in the next calendar year after the calendar year in which the threshold calendar month occurs; or
                                                                                                                                                                                                                                            (b) if the calendar month is later than the threshold calendar month in the sugarcane season:
                                                                                                                                                                                                                                            (i) 60% of the equivalent amount is due and payable on the last day of the next calendar month after the later calendar month; and
                                                                                                                                                                                                                                            (ii) 40% of the equivalent amount is due and payable on the last day of February in the next calendar year after the calendar year in which the later calendar month occurs