Paragraph 2 Interpretation

In this Scheme:—

• “the Act” means the Cereals Marketing Act 1965;

• “agent intermediary” means any person with a place of business in the United Kingdom acting as agent for a grower, dealer, processor or overseas purchaser;

• “the Authority” means the Home-Grown Cereals Authority as established under Part I of the Act;

• “cereals” means cereals grown in the United Kingdom being wheat (including durum wheat), barley, oats, rye, maize, triticale or any two or more of such cereals grown as one crop;

• “dealer” means any person (other than an overseas purchaser or the Intervention Board) trading as a wholesale buyer or seller of cereals;

• “dealer levy” means the levy imposed by paragraph 4;

• “financial intermediary” means any person other than a grower, dealer, processor, overseas purchaser or agent intermediary who in the course of his business acts as an intermediary in the buying and selling of cereals;

• “grower” means any person who grows cereals;

• “grower levy” means the levy imposed by paragraph 5;

• “Intervention Board” means the Intervention Board for Agricultural Produce established under the European Communities Act 1972^f1;

• “levy” means a levy imposed by this Scheme;

• “month” means a calendar month;

• “overseas purchaser” means any person who trades as a wholesale buyer of cereals and who does not have a place of business in the United Kingdom;

• “processor” means a person who applies an industrial process to cereals (other than cereals grown by him) in the course of a business carried on by him;

• “processor levy” means the levy imposed by paragraph 6;

• “quarter” means a period of three consecutive calendar months ending on 31st October, 31st January, 30th April or 31st July;

• “registrable person” means a dealer, a processor, an agent intermediary or a financial intermediary;

• “year” means a period of twelve months beginning with 1st August and ending on 31st July in any calendar year.

Any reference in this Scheme to a numbered paragraph shall be construed as a reference to the paragraph bearing that number in the Scheme.