Agriculture Act 1947

2 Annual and special reviews of condition of agricultural industry.

(1) As at such date in each year as the Ministers may determine, they shall review the general economic condition and prospects of the agricultural industry.

(2) If it appears to the Ministers at any time between two annual reviews under the last foregoing subsection that there has been, or there is likely to be, a change in the economic condition of the agricultural industry or any section thereof, arising (otherwise than in the course of a continuous development) from a substantial alteration of costs of production or any other special cause, and that the change is or is likely to be of sufficient importance to require that the Ministers should exercise their powers under this subsection, the Ministers may hold a special review of the matters referred to in the last foregoing subsection, in so far as they are or may be affected by the change.

(3) In holding any review under this section the Ministers shall consult with such bodies of persons as appear to them to represent the interests of producers in the agricultural industry.