Wool (Deficiency Payments) Act 1971
10Appraisement of certain wool
Start here
Get a plain-English read of 10
Turn the raw legal text into a practical explanation grounded in Wool (Deficiency Payments) Act 1971.
10.—(1.) A deficiency payment is not payable by reason of—
(a) the sale of wool at an approved auction conducted by a registered broker;
(b) the sale of P.A.P. wool;
(c) the sale by tender of wool through the agency of a registered seller by tender; or
(d) the use of wool in manufacture,
unless, before the wool was sold or used, it was appraised (whether before or after the date on which this Act receives the Royal Assent) by the Commission.
(2.) A deficiency payment is not payable by reason of the exportation of wool unless, either before or after the exportation, the wool was appraised (whether before or after the date on which this Act receives the Royal Assent) by the Commission.
(3.) The Commission shall make provision for appraisements, for the purposes of this section, of wool delivered to registered brokers who conduct approved auctions and shall, so far as practicable and subject to payment of reasonable charges to the Commission, comply with requests for appraisements of other wool in accordance with this section.
Collusive sales.