Payment rights
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The Dairy Structural Adjustment Program provides for three types
of payment rights.
Dairy producers qualified for a standard payment right if they could
demonstrate that they had an interest at 6.30pm on 28 September
1999 in a dairy farm enterprise, and delivered milk during 1998-99.
They were also required to provide certification from an independent,
qualified financial adviser that they had carried out a farm business
assessment.
Exceptional events payment rights were granted to eligible producers
who suffered
a loss in production of more than 30 per cent in 1998-99 as a direct
result of a natural exceptional event. Exceptional events included
storm, flood and drought, and disease
suffered by livestock.
Further, it was recognised there would be some producers in dairying
in 1998-99 who
did not, strictly speaking, meet the eligibility criteria because
of sale or purchase transactions relating to their dairy farm in
the period between 30 June 1999 and 28 September 1999. These producers
could apply for an anomalous circumstances payment right.
Exceptional events and anomalous circumstances payment rights were
granted at the discretion of the Dairy Adjustment Authority.
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