This Act provides for a company to be declared as the industry services body for the Australian egg industry (see Part   2).

It also provides for the industry services body to receive funding from the Commonwealth (see Part   3).

The Egg Industry Service Provision (Transitional and Consequential Provisions) Act 2002 provides for transfers of assets and liabilities to the industry services body from the Rural Industries Research and Development Corporation (which provided services to the Australian egg industry at the time this Act was enacted).