Processors are required to collect the contribution from growers by adding the amount of contribution to the processing fee that is charged.

The contribution should be listed as a separate line on the tax invoice provided to the grower as “Olive Industry Fund”.

How much contribution to collect

The amount of the contribution is $6.00 per tonne of olives.

This is calculated on a per kilogram basis ($0.006 per kilogram). There is a minimum amount of contribution of $1.50 per batch, based on processing 250kg. After 250kg is reached, an additional $0.006 per kilogram applies, rounded to the nearest whole cent.

All businesses must weigh olives on arrival at the processing facility. Processing fees are normally calculated on the weight of olives, and a minimum processing fee often applies for small lots.

While the Primary Industry Funding Schemes (Olive Industry Fund) Regulations 2009 (the Regulations) intend that the Contribution is added to the processing fee, some processors have indicated that they will include the amount of contribution within the flat fee charged to growers, eg $90, and adjust their processing fee by the minimum charge, or other small amounts under a few dollars. This is acceptable, provided that your records can accurately reflect the total amount of contributions collected and forwarded during an examination of your records.

The minimum charge applies to each batch of 250kg or less.

Remittances

When to make a remittance

Contributions should be paid to PIRSA as soon as possible after they have been collected.
The Regulations provide that payment must be made within 30 days of the processor receiving the contributions.

Larger olive growers may be invoiced for the processing fee, and have a certain amount of time to pay the invoice. The Regulations provide that the grower has up to 60 days in which to pay the processor the amount of the contributions, and the processor then remits that amount to PIRSA within 30 days of receiving that payment.

Where a grower may pay the invoice in instalments, the contribution must be listed as a separate charge and is payable within 60 days of processing.

How to make the remittance

Processors can make the payment to PIRSA either by cheque or by Electronic Funds Transfer (EFT).

The Remittance Statement must be posted with the cheque, or faxed or emailed if using EFT.

EFT

Primary Industries and Regions SA
ABN 53766159658

Westpac Banking Coporation
Account Name: PIRSA
BSB: 035502
Account no: 180021
Reference: Olives - (your business name)

Post

Prudential Rural Finance
Primary Industries and Regions SA
GPO Box 1671
ADELAIDE  SA  5001

Fax

08 8226 0229

Email

pirsa.olives@sa.gov.au

Remittance statement

Sufficient information must be provided on the Remittance Statement to enable PIRSA to determine that the proper amount of Contributions has been collected.

Processors should summarise all payments received during the month and make a remittance of those contributions to PIRSA at the end of that month.

Each month, the following information must be provided:

• Date of processing
• Grower’s name
• Kilograms processed
• Amount of contribution
  

You can either use the remittance statement template (Word 19.1 KB) where the information is typed or written legibly, or provide the information in a similar format generated from your accounting software.

For advice on the format of the remittance advice, phone 08 8226 0420.

Examination of accounts

An Examiner has been appointed under the Primary Industry Funding Schemes Act 1998 to ensure that the Regulations are being complied with.

From time to time, you will be required to allow the Examiner to inspect your records to satisfy them that you are complying with the Regulation.

For further information

For further information, please contact:

Primary Industries and Regions SA
Phone: 8226 0420
Email: pirsa.olives@sa.gov.au