The Principal Act is amended -

(a) in Part 1, by the substitution for paragraph (b) of the definition of "capital allowance" in section 2(1) of the following:

"(b) Part 23,",

(b) in Part 23, by the insertion after Chapter 2 of the following:

"Chapter 3 Milk Quotas

669A. Interpretation.

In this Chapter -

'lessee' has the same meaning as in Chapter 8 of Part 4;

'levy' means the levy referred to in Council Regulation (EEC) No. 3950 of 28 December 1992 [O.J. No. L405, 31.12.1992, p.1], as amended;

'milk' means the produce of the milking of one or more cows and 'other milk products' includes cream, butter and cheese;

'milk quota' means -

(a) the quantity of a milk or other milk products which may be supplied by a person carrying on farming, in the course of a trade of farming land occupied by such person to a purchaser in a milk quota year without that person being liable to pay a levy, or

(b) the quantity of a milk or other milk products which may be sold or transferred free for direct consumption by a person carrying on farming, in the course of a trade of farming land occupied by such person in a milk quota year without that person being liable to pay a levy;