SCHEDULECALCULATION OF AVERAGE PRICE

Article 3(1) and (2)

1

For the purposes of article 3(1) and (2) of this Order an average price shall be calculated in respect of each month from the information contained in the returns for that month in respect of the following markets—

Aberdeen:

Central Mart, Kittybrewster, Aberdeen AB9 2UQ.

Ayr:

County Auction Market, Castle Hill Road, Ayr KA7 2HR.

Banbury:

Midland Marts Ltd., PO Box 10, Banbury Stock Yard, Merton Street, Banbury, Oxon OX16 8EP.

Beeston:Beeston Castle Smithfield, Tarporley, Cheshire CW6 9NJ.

Carmarthen:

Carmarthen Market, Sair Lane, Carmarthen, Dyfed SA31 1QY.

Chippenham:

Chippenham Market Auctioneers Ltd., 14 Market Place, Chippenham, Wiltshire SN15 3HG.

Gisburn:

Gisburn Auction Market Ltd., Gisburn Road, Gisburn, Clitheroe, Lancs BB7 4ES.

Lanark:

Muirglen, Hyndford Road, Lanark ML11 9AX.

Oswestry:

The New Smithfield, Shrewsbury Road, Oswestry, Shropshire SY11 4QA.

2

1

Subject to sub-paragraph (2) below, the average price in respect of a month shall be the amount obtained by dividing the total of the sale prices shown in the returns by the total number of animals shown in those returns to have been sold.

2

Where in respect of any month, returns in respect of all the markets specified in paragraph 1 above have not been furnished to the Minister by the fifteenth day of the following month—

a

where returns have been so furnished in respect of five or more of the specified markets the average price in respect of that month shall be the amount obtained by dividing the total of the sale prices shown in the returns by the total number of animals shown in those returns to have been sold;

b

in any other case the average price in respect of that month shall be the most recent average price calculated in accordance with this paragraph.

3

The Minister shall take such steps as he considers appropriate for the purpose of bringing to the notice of persons concerned the average price in respect of each month and the total number of animals and the total sale price on which the calculation of such average price was based.