Swine Compensation Fund

Victoria's Swine Compensation Fund is established under the Livestock Disease Control Act 1994. The government collects livestock duties paid by producers on the sale of pigs or their carcasses in Victoria.

The Minister for Agriculture may make payments from the Swine Compensation Fund:

1. from the capital of the fund for administering the provisions of the Livestock Disease Control Act 1994 relating to the sale of pigs or the carcases of pigs under the Duties Act 2000; and
2. from interest earned on money from the fund for programs and projects for the benefit of the swine industry in Victoria.

The Minister for Agriculture must not make a payment from the fund unless the Minister has considered any relevant recommendations from the Swine Industry Projects Advisory Committee.

The Swine Industry Projects Advisory Committee has been established to provide advice to the Minister for Agriculture on how the funds should be used, and any other matter referred to it by the Minister.