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Price Orders.
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140.—(1) The Board shall, not later than one month after the date of the establishment of the Board, or such subsequent date (if any) as the Minister may appoint, hold a meeting and at such meeting make an order (in this Part of this Act referred to as a price order)—
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(a) dividing non-factory-purchased pigs into such and so many classes as the Board thinks fit; and
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(b) dividing carcases of factory-purchased pigs into such and so many classes as the Board thinks fit, and dividing each such class into such and so many grades as the Board thinks fit; and
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(c) dividing the carcases of non-factory-purchased pigs into such and so many classes as the Board thinks fit, and if the Board thinks proper, dividing each such class into such and so many grades as the Board thinks fit; and
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(d) appointing a period (beginning on a day not later than one month after the day on which such order is made) to be the first sale period for the purposes of this Part of this Act; and
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(e) fixing, in respect of non-factory-purchased pigs of each class sold during such sale period, the price (in terms of a rate per hundredweight) thereof; and
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(f) fixing, in respect of carcases of factory-purchased pigs of each grade of each class sold during such sale period, the price (in terms of a rate per hundredweight) thereof; and
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(g) in case the Board divide each class of carcases of non-factory-purchased pigs into grades, fixing in respect of each grade of each class sold during such sale period the price (in terms of a rate per hundredweight) thereof, or in any other case fixing in respect of each class sold during such sale period the price (in terms of a rate per hundredweight) thereof.
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(2) The Board shall, not later than one week before the end of a sale period, hold a meeting and at such meeting make an order (in this Part of this Act also referred to as a price order)—
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(a) dividing non-factory-purchased pigs into such and so many classes as the Board thinks fit; and
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(b) dividing carcases of factory-purchased pigs into such and so many classes as the Board thinks fit, and dividing each such class into such and so many grades as the Board thinks fit; and
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(c) dividing the carcases of non-factory-purchased pigs into such and so many classes as the Board thinks fit and, if the Board thinks proper, dividing each such class into such and so many grades as the Board thinks fit; and
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(d) appointing a period (beginning on the expiration of the said sale period) to be the next sale period for the purposes of this Part of this Act; and
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(e) fixing in respect of non-factory-purchased pigs of each class sold during such next sale period the price (in terms of a rate per hundredweight) thereof; and
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(f) fixing in respect of carcases of factory-purchased pigs of each grade of each class sold during such next sale period the price (in terms of a rate per hundred-weight) thereof; and
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(g) in case the Board divide each class of carcases of non-factory-purchased pigs into grades, fixing in respect of each grade of each class sold during such next sale period the price (in terms of a rate per hundredweight) thereof, or in any other case fixing in respect of each class sold during such next sale period the price (in terms of a rate per hundredweight) thereof.
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(3) If at any time the provisions of sub-section (2) of this section are not complied with, the Board may, with the consent of the Minister, make, at a meeting to be held on such date as the Minister may appoint, a price order, and the period to be appointed by such order as the sale period for the purpose of this Part of this Act shall be a period beginning on such date as the Minister may direct.
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(4) The Board may at any time by order amend a price order and every order amending a price order shall specify the date (not being earlier than the Monday next following the date on which such order is made) on which such order is to come into force.
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(5) In making a price order or an order amending a price order the Board shall have regard to the following matters, namely—
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(a) the capacity of the markets (both home and export) for bacon;
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(b) the quantity of bacon which the Board anticipates is required to be placed in cold storage against future requirements;
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(c) the stock of bacon on hands;
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(d) the supply of pigs likely to be available;
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(e) the cost of production of pigs and particularly the cost of feeding stuffs for the previous four months;
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(f) such other matters as the Board considers relevant.
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(6) Every price order and every order amending a price order shall be published in the Iris Oifigiúil as soon as may be after it is made.
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