Document ID: chunk:federal_register_of_legislation:F2024L01568:clause:1_3
Version: federal_register_of_legislation:F2024L01568
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 297965–299344

3               For how long must the person keep the records?  Until the end of the period of 5 years beginning on the day after the end of the financial year in which the whole milk is delivered or sold

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.

16‑3  Obligations of persons claiming levy exemption
  For the purposes of paragraph 59(2)(c) of the Act, this table has effect if:
 (a) whole milk is produced in Australia and that milk is delivered to a processing establishment in Australia in a financial year by or on behalf of the person who owns that milk immediately after it is produced and the person considers that an exemption from levy applies; or
 (b) whole milk is produced in Australia and that milk is sold in a financial year to a business purchaser (whether directly or through a selling agent or buying agent or both) by the person who owns that milk immediately after it is produced and the person considers that an exemption from levy applies; or
 (c) whole milk is produced in Australia and that milk is processed in a financial year by the person who owns that milk immediately after it is produced and the person considers that an exemption from levy applies.

Record‑keeping
Item            Matter                                                   Rule