Agriculture (Miscellaneous Provisions) Act 1949

12 Power to dispose of machinery acquired under Agricultural Development Act, 1939.

(1) Stocks of tractors and machinery acquired by the Minister of Agriculture and Fisheries under section thirty-one of the Agricultural Development Act, 1939 (which empowered that Minister to acquire a reserve of agricultural machinery) may be disposed of by him if and so far as he thinks fit, and accordingly so much of subsection (2) of the said section thirty-one as requires that Minister, with certain exceptions, to hold stocks so acquired by him as aforesaid until the disposal thereof is authorised by or under an Act of Parliament shall cease to have effect.

(2) Any sums received by the said Minister representing the net proceeds of any disposal of such stocks shall be paid into the Exchequer, and accordingly subsection (3) of the said section thirty-one shall cease to have effect.