386. Levy on cereal and oilseed.

386.     Levy on cereal and oilseed.

Any person who buys cereal or oilseed grown in the United Kingdom from the grower must pay a levy1. The levy is based on the weight bought2.

In the case of cereal:


    (1)     the levy consists of two parts, the grower levy and the buyer levy;


    (2)     when he buys cereal the buyer must deduct the grower levy from the price he pays, and hold it on trust for the Agriculture and Horticulture Development Board3;


    (3)     he may then take five percent of the combined grower levy and buyer levy as commission;