Document ID: chunk:federal_register_of_legislation:F2017C00466:clause:2_25:p2
Version: federal_register_of_legislation:F2017C00466
Segment Type: clause
Provision Reference: sch 2 cl 25 (pt 2/6)
Character Range: 52970–55544

muster is later;
      the arrivals and departures will be entered into the calculator in the normal way, for the assessment year in which they occur, and the input figures for the assessment day will be adjusted accordingly.

 (1) For an input relating to the crediting period, the average liveweight of a weighing group must be ascertained by one of the following methods:
 (a) weighing all the animals in the weighing group and calculating the average;
 (b) weighing all the animals in a statistically valid sample from the weighing group and estimating the average liveweight from the sample in accordance with, and to an accuracy that is consistent with, industry practice;
 (c) for a weighing group with an input date at the start of the first assessment year of the herd—applying the average weight of the relevant livestock class of the herd as a whole, calculated in accordance with subsection (4);
 (d) for a weighing group with an input date at the start of a later assessment year of the herd—applying the average weight of the relevant input group from the end of the previous year, identified in accordance with subsection (5);
 (e) for cows or bulls aged 3 years or more—applying a figure derived in accordance with subsection (5) from the hot standard carcase weights of all animals of the relevant livestock class culled from the herd during the year of the input date;
 (f) where the animals in the weighing class were bought or sold on the input date—calculating the average weight from the data in the relevant sale records or receipts;
 (g) for a weighing class that consists of animals entering the herd by birth, and the input date is the date of their branding—applying a default branding weight of 75 kg;
 (h) by linear projection in accordance with subsections (7) to (12).
Note 1: Values ascertained consistently with Accounting Standard AASB 141—Agriculture would be expected to comply with paragraph (b).
Note 2: If animals are bought or sold within 1 month before or after an assessment day, paragraph (f) allows sale records or receipts to be used for the assessment day input as well as the input for entering or leaving the herd (ie, the same weight may be used for both).
Note 3: For input groups to which paragraph (g) applies, see item 5 in Schedule 1.
Example 1: For paragraph (d), for a herd with an assessment day of 31 December, suppose a group of cattle that are in the livestock class of 1-2 year old steers at the start of year 2 are sold in August of year 2 when they are in the livestock class of 2-3 year old steers. Some of the