N.Y. Comp. Codes R. & Regs. tit. 1 § 22.50

Current through Register Vol. 46, No. 45, November 2, 2024

Section 22.50 - Net pool obligation of dealers

The net pool obligation of a dealer shall be a sum of money computed as follows:

(a) For dealers operating a pool plant or bulk tank unit and any cooperative which has arranged to make the reports and payments with respect to the milk of producers each month:

(1) multiply the quantity of class I pool milk established pursuant to section 22.31(a) of this Part by the price determined in section 22.42 of this Part; then

(2) deduct an amount computed by multiplying the quantity of class I pool milk in paragraph (a)(1) of this subdivision by the New York-New Jersey class I price as determined in section 22.41 of this Part.

(b) For dealers operating a nonpool plant:

(1) multiply the quantity of class I milk from sources other than pool milk as established pursuant to section 22.34(b) of this Part by the price determined pursuant to section 22.42 of this Part; then

(2) deduct an amount computed by multiplying the quantity of class I milk from sources other than pool milk in paragraph (1) of this subdivision above by the New York-New Jersey class I price as determined in section 22.41 of this Part.

N.Y. Comp. Codes R. & Regs. Tit. 1 § 22.50