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The board administering any milk marketing scheme may enter into and carry into effect an agreement with the board administering any other such scheme whereby the first-mentioned board, for such consideration and subject to such conditions as may be specified in the agreement.—
(a)undertake that, during a period specified in the agreement, they will exercise their powers in such manner as may be so specified ; or
(b)undertake that, during a period specified in the agreement, they will make to the other board payments of such amounts and at such times as may be so specified.
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