# The Milk Marketing Board (Residuary Functions) Regulations 1994, Paragraph 4: Milk sold otherwise than to the Board


(1) The value of any qualifying milk sold by a producer otherwise than to the Board for the purposes mentioned in paragraph 2 above shall be the total number of litres of qualifying milk sold by him during the relevant period, calculated (in the case of any standard eligible producer) from information supplied on behalf of the Minister to the Board on 11th March 1994, multiplied by the average annual wholesale value.
(2) In this paragraph “average annual wholesale value” means the total value of litres of qualifying milk sold by registered eligible producers to the Board in the relevant period as calculated in accordance with paragraph 3 above divided by the total number of litres so sold.

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Source: https://www.legislation.gov.uk/uksi/1994/2759/schedule/1/paragraph/4 (the official version)
Page: https://openlegislation.uk/milk-marketing-board-residuary-functions-regulations-1994/schedule-1/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.