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How can milk quota be transferred from one producer to another?

milk producer quota transferred
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How can milk quota be transferred from one producer to another?

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Quotas can be transferred either temporarily (i.e. by leasing) or permanently:- • Temporary Transfers Milk producers may lease quota in or out throughout the milk quota. Quota that is leased stays with the lessee until the beginning of the following quota year (1 April), when it then reverts back to its original owner. • Permanent Transfers There are three ways in which quota can be permanently transferred from one producer to another: i) Through a lease of land – A producer wishing to obtain milk quota may lease some land which is used for milk production (and therefore has milk quota attached to it) for a minimum period of ten months in England and Wales. At the end of the lease, the land reverts back the original owner, but the milk quota stays with the lessee. ii) Through a permanent transfer of land (e.g. sale, inheritance) with milk quota attached to it. iii) Without land – due to scaling down, restructuring or cessation.

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