The purpose and aim of this statutory measure is to compel the parties set out herein to register with the Levy Administrator. This is necessary to ensure that continuous, timeous and accurate information relating to designated animals slaughtered and their products are available to all role-players. Market information is deemed essential to all role-players in order for them to make informed decisions.

The establishment of this statutory measure should assist in promoting the efficiency of the marketing of red meat. The viability and efficiency of the red meat industry should thus be enhanced.

The statutory measure is not detrimental to any of the objectives of the Act, and in particular will not be detrimental to the number of employment opportunities or on fair labour practice in the red meat industry.

This statutory measure will be administered by the Levy Administrator, who will act in terms of the mandate and on behalf of the red meat industry through its representative structure, namely the Red Meat Industry Forum.