s 8
In forceOccupier to pay stock levy
Part 2Stock levy
8 Occupier to pay stock levy
(1)
This section applies to a person who, in a financial year, is the occupier of land held under a lease permitting the carrying of stock.
(2)
A levy (stock levy) is payable for the financial year by the person.
(3)
The stock levy is the greater of the following:
(a)
the amount worked out as follows—
;
(b)
the minimum stock levy (if any).
(4)
In this section:
DO means the number of days in the financial year when the person is the occupier of the land.
SCC means the stock-carrying capacity of the land determined under section 7.
UL means the levy amount determined under section 6 per stock unit.
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