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PART 1General

Interpretation

2.  In these Regulations—

fixed-duration contract” has the meaning given in regulation 6(2);

fixed price” has the meaning given in regulation 8(2);

notice of intent” has the meaning given in regulation 22(2);

pig purchase contract” means a contract made by a business purchaser for the purchase of pigs from a qualifying seller(1);

the parties”, in relation to a pig purchase contract, means the business purchaser and the qualifying seller who are party to the contract;

variable price” has the meaning given in regulation 9(2).

(1)

For the meaning of “qualifying seller” see section 29(3)(b) of the Agriculture Act 2020.