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Paragraph 11

Original text. Later amendments are not shown.

In this Schedule “milk receipt retentions” means the sum which in accordance with provisions of the approved scheme relating to the B Reserve Fund–

(a)

is retained by the Board from their receipts for milk supplied to them by end year producers in the final trading period (being not less than 0.2 pence per litre of milk supplied by every such producer in that period), and

(b)

is paid by the Board into the B Reserve Fund.