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DAIRY PRODUCE ACT 1986 No. 54 of 1986 - SECT 80
Surplus or deficit in respect of certain activities of Corporation
80. (1) In this section, "dairy produce to which this section applies" means
dairy produce that-
(a) was produced on or after 1 July 1986; and
(b) has been purchased by the Corporation.
(2) Where, from time to time, there is a surplus resulting from a sale, or
sales, by or on behalf of the Corporation, of dairy produce to which this
section applies, the Corporation shall pay an amount equal to that surplus to
the Market Support Fund.
(3) Where, from time to time, there is a deficit resulting from a sale, or
sales, by or on behalf of the Corporation, of dairy produce to which this
section applies, the Corporation shall debit the Market Support Fund with an
amount equal to the amount of the deficit.
(4) Where an amount is debited to the Market Support Fund under sub-section
(3), the Corporation shall pay to the account referred to in section 73 from
which the Corporation draws money for purposes associated with the sale, by or
on behalf of the Corporation, of dairy produce to which this section applies
an amount equal to the amount so debited.
(5) In determining whether a surplus or a deficit has resulted from a sale of
dairy produce to which this section applies, the Corporation shall take into
account-
(a) money spent on the transport, storage, handling, promotion and
insurance of that dairy produce;
(b) amounts determined by the Corporation to be reasonably attributable to
the overhead costs incurred by the Corporation in respect of the
export or sale of that dairy produce; and
(c) money spent on any other matter connected with the export or sale of
that dairy produce.
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