Lamb purchases.

CFR · 2024-01-01 · US · Title 7

(a) Except as prescribed by regulations approved by the Secretary, each first handler or exporter making payment to a producer, seedstock producer, or feeder for lambs purchased (b) Except as otherwise specified in this subpart, a person shall not be considered a producer, seedstock producer, or feeder within the meaning of this subpart if; (1) The person's only share in the proceeds of a sale of lambs is a sales commission, handling fee, or other service fee; or (2) The person: (i) Acquired ownership of the lambs to facilitate the transfer of ownership of such lambs from the seller to a third party, (ii) Resold such lambs no later than 10 days from the date on which the person acquired ownership, and (iii) Certified, as required by regulations recommended by the Board and prescribed by the Secretary, that the requirements of this provision have been satisfied. (c) Each person processing or causing to be processed lambs or lamb products of that person's own production and marketing such lambs or lamb products, shall pay an assessment on such lambs or lamb products on the live weight of the lamb at the time of slaughter at the rate established in subparagraph (a) of this section. In addition, pursuant to § 1280.108, such an individual is considered a first handler and is required by § 1280.219 to pay an additional assessment of $0.42 per head. As the first handler, the individual must remit the total amount of assessments to the Board. (d) A market agency shall collect an asse

official document · source cfr-2024 · id 7:§ 1280.217