Levies6
F21
The Agriculture and Horticulture Development Board must impose a levy in relation to each industry covered by article 2(1)(a), (b), (d) and (e) to enable it to provide services for each of those industries, and Schedule 3 has effect for that purpose.
2
All figures in that Schedule exclude VAT.
3
The levies are to enable the Board to—
a
cover its costs in providing any of the services specified in Schedule 1;
b
meet its administrative expenses;
c
further a purpose in article 3(2); and
d
establish a reserve fund.
4
The rate of levy (and any higher rate for late payment of the levy) must be approved F3... by the appropriate authority.
F14A
The Board may impose a levy rate of zero for a period of time in relation to any industry covered by article 2(1)(a), (b), (d) or (e) if—
a
it considers that there are exceptional circumstances which justify doing so, and
b
the appropriate authority has approved the imposition of a levy rate of zero for that period of time.
5
The Board may delegate the collection of levy to a subsidiary company.
6
Levy raised in relation to an industry may only be used in relation to that industry.