Document ID: chunk:federal_register_of_legislation:F2024L01568:clause:2_3
Version: federal_register_of_legislation:F2024L01568
Segment Type: clause
Provision Reference: sch 2 cl 3
Character Range: 446853–448803

3               For how long must the proprietor keep the records?  Until the end of the period of 5 years beginning on the day after the end of the financial year

Note: Section 18 of the Act contains an offence and a civil penalty for failing to make or keep the records in accordance with this instrument.

32‑3  Process for obtaining exemption from giving quarterly returns—levy payers
 (1) A person who is a levy payer for levy imposed by clause 32‑1 of Schedule 2 to the Primary Industries (Excise) Levies Regulations 2024 on logs is not required to give returns for quarters in a financial year if:
 (a) the person applies to the Secretary for an exemption from the requirement to give returns for quarters in the year; and
 (b) the person applies before the end of the first quarter in the year in which such levy is imposed; and
 (c) the Secretary grants the exemption under section 10.
 (2) The person may apply only if the person reasonably believes that the sum of the following amounts that the person will pay, or will be likely to pay, in relation to logs and the financial year will be less than $1,000:
 (a) the levy;
 (b) charge under Division 33 of Part 2‑2 of Schedule 2 to the Primary Industries (Customs) Charges Regulations 2024 (forest industries export charge).
Note: For rules about the form of applications, granting exemptions and revoking exemptions, see section 10.

Division 33—Forest industries export charge

33‑1  Obligations of charge payers

When forest industries export charge due and payable
 (1) For the purposes of section 8 of the Act, for charge imposed by clause 33‑1 of Schedule 2 to the Primary Industries (Customs) Charges Regulations 2024 on logs that are exported from Australia in a quarter in a financial year, this table has effect.

Forest industries export charge
Item                             Matter                                                                                        Rule