Skip to content
RIMAIAgribusiness SchoolMy land

D-statutory-levy Dictionary

Statutory levy

A compulsory charge collected on a product to fund industry services

All termsIntroduced in Module 10Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
A compulsory charge collected on a product to fund industry services
How to use it
Include levies in the cost of selling. They fund research and market access that individual farmers could not pay for.
South African benchmark
South African industry bodies are funded by statutory levies on products such as citrus and wool.
Country notes
Namibia's NAB levies 1.4% on controlled products.
Go and read
C10
Calculate it
No calculator; the term is applied in the venture plan narrative.
Library sources
LIB-A035, LIB-A037
See also
Producer association
Eight small farms pooling produce through a co-operative to reach a buyer or lenderMany small farms, one strong sellerCO-OPERATIVEBuyer or lenderPooling volume gives small farms grading, transport and bargaining power.
From Module 10, People and Industry Structure, where this term is introduced.

Introduced in C10 People and Industry Structure.