§ 36. Mr. Wakeham
asked the Minister of Agriculture, Fisheries and Food what he estimates will be the additional cost to the Exchequer from the revised beef deficiency scheme.234W
§ Mr. Peart
The total Exchequer cost of beef premiums in 1975–76, after crediting the EEC contribution, is estimated at £40 million. At this stage in the new marketing year, it is too early to give a precise forecast of the cost in 1976–77, but taking into account the likely market situation, the Exchequer cost may be of the order of £22 million—£30 million. Community funds will be contributing 25 per cent. of the cost of the premiums from 1st September 1976 onwards.