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Paragraph 3 Calculation of turnover

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

For the purpose of calculating annual fees for marketing authorisations and product licences for intermediate feed in relation to the calculation of turnover in any calendar year in accordance with the provisions of the succeeding paragraphs of this Part of this Schedule, the value of the feedingstuff shall be included in the value of the intermediate feed.

(2)

For the purposes of this Part of this Schedule, “intermediate feed” means a medicated feedingstuff sold, supplied or imported for use wholly or mainly as an ingredient in the preparation of a substance which is to be fed to one or more animals for a medicinal purpose or for purposes that include that purpose, with or without further processing.