Cattle Industry Funding Scheme

Page last updated: Friday, 20 October 2023 - 1:39pm

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Deduction and remittance of contributions

When animals are sold via stock agents or to processors, the stock agent/processor is required to deduct and forward IFS contributions on behalf of the producer. The owner of any animal sold to someone other than a processor or via a stock agent is responsible for paying the required contributions direct to the Industry Funding Scheme.

See deduction and remittance of contributions for more information.