| Commentary

87 Terms

| Commentary

87 Terms

The agreement in this section1 provides for a designated herd or flock to be leased to the hirer for use on his holding in connection with his own farming business for a specified period in return for a hire charge, normally calculated by reference to an agreed price per head of livestock.

The owner of the livestock is not involved in the hirer’s farming business under the terms of this agreement; the control of the livestock is transferred to the hirer who is then responsible for the management of the stock and entitled to any profit derived

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