Exported Live Stock (Insurance) Act, 1943
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Appointed minimum value of animals for levy purposes. |
4.—(1) For the purposes of computing the amount of the levy on animals payable under the Principal Act and Part III of this Act, the Board, after consultation with the National Executive, shall, before the appointed day, and may thereafter whenever and so often as it thinks fit, by order— | |
(a) divide cattle into such and so many classes as it thinks fit; | ||
(b) appoint— | ||
(i) as regards each such class of cattle, a specified sum to be the minimum value of a head of cattle of that class, | ||
(ii) a specified sum to be the minimum value of a sheep (other than a lamb), | ||
(iii) a specified sum to be the minimum value of a lamb, | ||
(iv) a specified sum to be the minimum value of a pig. | ||
(2) Every order made under sub-section (1) of this section shall remain in force until a subsequent order under this section is made and comes into force. | ||
(3) References in the Principal Act, as amended by Part II of this Act, in the next following section and in Part III of this Act, to the appointed minimum value of an animal shall be construed as references to the sum appointed by an order under this section and for the time being in force, as the minimum value of an animal of the same kind. |