Dairy Produce (Price Stabilisation) Act, 1932

Bounties on exported milk products.

37.—(1) Subject to the provisions of this Act there shall be paid by the Minister to every person who on or after the 21st day of April, 1932 (whether before or after the passing of this Act,) exported or exports any milk product to which this Part of this Act applies and who complies with such conditions (if any) as may be prescribed a bounty, and such bounty shall be at the rate fixed by or under this Part of this Act in respect of such milk product and in force at the time of exportation and shall be payable at that rate on the butter equivalent of such milk product.

(2) A bounty under this section shall not be payable in respect of any milk product unless all the following conditions are complied with in respect of such milk product, that is to say:—

(a) it is manufactured on or after the 21st day of April, 1932 (whether before or after the passing of this Act) direct from whole milk; and

(b) it is manufactured either—

(i) on creamery premises, or

(ii) on other premises the milk supply to which is obtained solely from creamery premises, or from premises registered in the register of cream separating stations; and

(c) it is exported by the manufacturer thereof or by the registered proprietor of creamery premises; and

(d) in case such milk product was or is exported on or after the 21st day of April, 1932, and within twenty-one days next after the date of the passing of this Act, it was or is exported by a person to whom a milk product (export) licence in respect of such milk product has been granted by the Minister under this Part of this Act within the said twenty-one days; and

(e) in case such milk product is exported after the expiration of twenty-one days next after the date of the passing of this Act, it is exported by a person who is for the time being the holder of a milk product (export) licence in respect of such milk product granted by the Minister under this Part of this Act and is so exported in accordance with the terms of such licence.

(3) For the purposes of this section the butter equivalent of any milk product shall be deemed to be the amount of butter to which such milk product would be equal, on the basis that eighty-four pounds of butter fat contained in such milk product equal one hundred pounds of butter.

(4) The creamery butter account shall be debited with all moneys paid by the Minister under this section.