Stock Route Management Regulation 2023 (Qld)

Stock Route Management Regulation 2023

Part 1 Preliminary

1 Short title This regulation may be cited as the Stock Route Management Regulation 2023.

2 Commencement This regulation commences on the commencement of the Land and Other Legislation Amendment Act 2023, section 64.

3 Definitions The dictionary in schedule 3 defines particular words used in this regulation.

Part 2 Stock route network management

4 Local governments to which ch 3, pt 3 of Act applies— Act , s 104 Each local government mentioned in schedule 1 is prescribed for section 104 of the Act.

5 Interest on overdue amounts— Act , ss 153 and 159 (1) This section prescribes the rate of interest on an overdue amount and the way the interest is calculated for sections 153(2) and 159(2) of the Act. (2) The interest accrues daily, at the rate calculated under subsection (3), for the period starting on the day immediately after the day the overdue amount becomes payable and ending on the day the overdue amount is paid in full, both days inclusive. (3) The rate of interest is the annual rate equal to the sum of— (a) the bank bill yield rate, rounded to 2 decimal places, for each day the interest accrues; and (b) 8%. (4) In this section— bank bill yield rate, for a day, means the monthly average yield of 90-day bank accepted bills published by the Reserve Bank of Australia for the month of May in the financial year immediately before the financial year in which the day occurs.

6 Market value of seized stock— Act , s 170 For section 170(2) of the Act, the amount prescribed is $1,000.

Part 3 Fees

7 Fees The fees payable under the Act are stated in this part and schedule 2.

8 Stock route agistment permit fee— Act , ss 116 and 122 (1) This section prescribes, for sections 116(6) and 122(5) of the Act, the permit fee for a stock route agistment permit for relevant land in an issuing entity's local government area. (2) The permit fee is the amount the issuing entity considers reasonable, having regard to the following— (a) the characteristics of the relevant land; Examples of characteristics— topography, vegetation (b) the weather conditions forecast by the Bureau of Meteorology for the relevant land for the term of the permit; (c) for a stock route agistment permit that is renewed—the weather conditions for the relevant land when the permit is renewed; (d) the number of stock to be agisted under the permit; (e) the type of stock to be agisted under the permit; (f) the reason for the agistment of stock under the permit; Examples of a reason for an agistment of stock— • allowing stock to graze in an area to manage excess fuel loads so as to reduce the risk of fire • ensuring stock have access to pasture during drought (g) the quality of pasture available for the agistment of stock under the permit; (h) the accessibility of water for the agistment of stock under the permit; (i) any proposed use of travelling stock facilities under the permit; (j) the commercial rates for agistment in the issuing entity's local government area for stock of the type to be agisted under the permit. (3) However— (a) the permit fee for eligible small stock must not be less than the minimum amount, or more than the maximum amount, stated in schedule 2, item 2; and (b) the permit fee for eligible large stock must not be less than the minimum amount, or more than the maximum amount, stated in schedule 2, item 3.