Wednesday, July 16, 2008

What is Wine Industry Fund

Industry funds have been established under the Primary Industry Funding Schemes Act 1998 to support those sectors of primary industry that want to raise their own funds for their own industry development activities.

Six wine industry funds currently operate in the following South Australian wine regions:
Adelaide Hills Langhorne Creek McLaren Vale Riverland Barossa Clare Valley In addition the SA Grape Growers Industry Fund has been established for the SA grape growing industry.

For each of the funds, the wineries act as collection agents for voluntary contributions made by grape growers and/or winemakers. The contributions are paid into a fund that is administered by PIRSA ('the Minister') and then paid by way of a grant to a body representing the fund contributors.

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