Bull registration fees and how the semen fee works.

1.0 There are two parts to registration fees for bulls.

a) A flat fee which applies for all bulls registered as follows (all prices plus GST):

Note: When a bull is registered after 1 October 2000 it is a condition of the registration service that any semen fee obligations that may subsequently arise will be paid to Jersey New Zealand. Where registered bulls are sold for semen production, they should be sold on the basis that the semen fee obligations transfer to the new owner.

2.0 Application of rules for semen fee and associated buy out options:

a) The semen fee rules apply to bulls registered from 1 October 2000.

b) There are standard rules that apply to New Zealand resident bulls.

c) Special rules apply for overseas resident bulls already registered in another country and that are re-registered into the NZ system.

3.0 Standard rules for semen fee and associated buy out options: (applies to New Zealand resident bulls)

a) A bull can be bought out early from the semen fee for a one off payment of $120 plus GST if an application is received by 31 March in the year following the first distribution of semen from the bull. (Early buy out option)

b) A bull can be bought out late from the semen fee for a one off payment of $225 plus GST if an application is received by 31 March in the year immediately prior to the proof of the bull becoming known. (Late buy out option)

c) If a buyout option is not used then a semen fee of 20 cents per straw of semen sold capped at $7500 p.a. applies for semen sold once the proof of the bull is 60% or greater. 

4.0 Timeline example for semen fee and associated buyout options

Note:
a) The semen fee and associated buy out options apply to bulls registered after 1 October 2000.
b) If a buy out option is not used the semen fee is payable on semen sold once the reliability of the bull’s BW proof is 60% or greater. 
c) It is the responsibility of the bull owner or semen marketer to apply to use a buy out option before the deadline date.
d) All prices are plus GST

5.0 Special rules for overseas resident bulls:

a) The special semen fee and associated buy out rules apply to bulls resident in another country and that are already registered with the Jersey Breed Society in that country.

b) If the bull is registered with Jersey New Zealand within one year from when his semen is first sold in New Zealand, the semen fee can be bought out for $0.

c) If the bull is registered with Jersey New Zealand after one year from when semen is first sold in New Zealand but before the bull receives a New Zealand proof of 60% or greater, the semen fee can be bought out for $120 plus GST.

d) If the bull has a New Zealand proof of 60% or greater before he is registered in New Zealand, then the semen fee per straw of semen will apply.

e) The flat registration fee of $26 plus GST still applies.