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Paragraph 5 Variation of the Home-Grown Cereals Authority Cereals Levy Scheme 1987

Original text. Later amendments are not shown.

For paragraph 6 (processor levy) there shall be substituted the following paragraph:—

“Processor levy

6
(1)

Reduced-rate processor levy shall be payable to the Authority in respect of cereals sold and delivered by any person to a processor who declares, in a return relating to those cereals submitted to the Authority pursuant to paragraph 9(3) or 9(4), that he has applied, or intends to apply, an animal feed process to those cereals and shall be imposed on the processor in respect of the quantity of cereals delivered.

(2)

Standard-rate processor levy shall be payable to the Authority in respect of cereals sold and delivered by any person to a processor who has not made in relation to those cereals a declaration pursuant to paragraph 6(1) and shall be imposed on the processor in respect of the quantity of cereals delivered.

(3)

If a processor applies an industrial process, other than an animal feed process, to cereals in respect of which he has made a declaration pursuant to paragraph 6(1), he additionally shall be liable to pay to the Authority in respect of those cereals an amount equal to the difference between the reduced-rate processor levy and the standard-rate processor levy.

(4)

If a processor applies an animal feed process to cereals in respect of which he has paid standard-rate processor levy, he shall be entitled to claim from the Authority in respect of those cereals a rebate equal to the difference between the reduced-rate processor levy and the standard-rate processor levy.

(5)

If a processor sells or otherwise ceases to own the cereals in respect of which he has paid processor levy without applying an industrial process to them, he shall be entitled to claim from the Authority a rebate equal to the processor levy paid by him in respect of such cereals.

(6)

The right to claim a rebate pursuant to paragraph 6(5) shall arise when property in the cereals passes to the purchaser from the processor or when the processor otherwise ceases to own the cereals.”