Document ID: chunk:federal_register_of_legislation:F2024C00959:reg:72a:p2
Version: federal_register_of_legislation:F2024C00959
Segment Type: reg
Provision Reference: reg 72A (pt 2/2)
Character Range: 189216–190266

Chemical Products (Collection of Levy) Act 1994.
 (11) In subregulation (5):
 (a) the notional wholesale value of a batch of a veterinary chemical product is the notional wholesale value at the time of completion of manufacture of the batch; and
 (b) a reference to the chemical products manufactured does not include veterinary products that are prescribed under regulation 59 for the purposes of section 120A of the Code.
Note: Section 3 of the Agricultural and Veterinary Chemical Products (Collection of Levy) Act 1994 has the following definition:
 "notional wholesale value, in relation to a chemical product at a particular time, means the amount that the APVMA determines would have been received:
(a) if the product is an Australian product—by the manufacturer; or
(b) if the product is an imported product—by the importer;
 in respect of the product if, at that time, the product had been sold by the manufacturer or importer, as the case may be, by wholesale to a person with whom the manufacturer or importer was dealing at arm's length."