Dairy Produce (Price Stabilisation) Act, 1932

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Variation of contracts for sale of butter and cream.

50.—(1) Where a person has on or before the 21st day of April, 1932, entered into a contract for the delivery of butter or cream to any place in Saorstát Eireann, then in the absence of any agreement to the contrary, the following provisions shall have effect—

(a) if the contract relates to butter such person shall be entitled to add to the contract price in respect of all butter delivered under the contract an amount equivalent to the bounty which would be payable on such butter if it were exported at the time of delivery;

(b) if the contract relates to cream such person shall be entitled to add to the contract price in respect of all cream delivered under the contract an amount equivalent to the bounty (if any) which would be payable on such cream if it were exported at the time of delivery.

(2) Any person to whom butter or cream is to be supplied by another person under a contract entered into on or before the 21st day of April, 1932, may serve on such last mentioned person a notice terminating such contract, and upon such notice being served such contract shall at the expiration of seven days from the service of such notice be terminated.