Glossary
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The Act
The Dairy Produce Act 1986 (Commonwealth).
Administrative Appeals Tribunal (AAT)
Independent tribunal to which decisions of the
Dairy Adjustment Authority regarding payment
right can be appealed.
Anomalous Circumstances Payment Right
Payment right granted to eligible entities who
were taken to be affected by anomalous
circumstances under the DSAP Scheme.
Australian National Audit Office (ANAO)
Australian Government body who conducts
Financial and Performance Audits of Australian
Government Public Sector Entities.
Corporate Governance
Structures and processes that the Dairy
Adjustment Authority has in place to ensure
compliance with statutory and other obligations.
Dairy Adjustment Authority (DAA)
Australian Government Authority charged with
the responsibility of administering the Dairy
Structural Adjustment Program (DSAP) and the
Supplementary Dairy Assistance (SDA).
Dairy Adjustment Levy
The levy based on the sale of leviable milk
product to a person who purchases for the resale
in Australia where the resale is a retail sale.
Dairy Structural Adjustment Program (DSAP)
Program implemented by the Australian
Government and administered by the Dairy
Adjustment Authority to grant payment rights to
eligible entities.
Deregulation
The removal of Australian Government and State
Government price controls over market milk
schemes within the Domestic Dairy Industry, and
Australian Government regulations covering the
Domestic Market Support Scheme.
Discretionary Payment Right
Payment right granted to eligible entities who
have been affected by significant events, crises or
anomalous circumstances or a significant fall in
lease income.
Eligible Dairy Producers (DSAP)
An entity who held an interest at 6:30pm on
28 September 1999 in a dairy farm enterprise
that delivered milk in 1998/99.
Exceptional Events Supplementary Payment Right
Supplementary payment right granted to eligible
entities under the DSAP Scheme where an
exceptional event has caused milk delivery in
1998–99 to be less than 70% of average
delivery in the previous 3 years.
Market Milk Payment Right
Additional payment right granted to eligible
entities who have been granted payment rights
under DSAP Scheme.
Payment Right
A dollar amount granted to an eligible dairy
farmer by the Dairy Adjustment Authority.
Quarterly Payment
Payment made by the Dairy Adjustment
Authority to Unitholders. Payments are made
quarterly throughout the year in January, April,
July and October. Around the tenth (10th)
business day of each quarter the payments are
credited to Unitholders’ bank accounts.
Standard Payment Right
Payment right granted to eligible entities
(under DSAP) based on the milk production
of the entity's enterprise in 1998/99.
Supplementary Dairy Assistance (SDA)
A second program implemented by the
Australian Government and administered by the
Dairy Adjustment Authority to grant market milk
payment rights and discretionary payment rights
to eligible entities.
The Register
The register of Units is maintained by the Dairy
Adjustment Authority and records details of Units
allocated to entities under DSAP and SDA
Schemes.
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