9 CFR 201.2 – Terms defined
The definitions of terms contained in the Act shall apply to such terms when used in the Regulations under the Packers and Stockyards Act, 9 CFR part 201; Rules of Practice Governing Proceedings under the Packers and Stockyards Act, 9 CFR part 202; and Statements of General Policy under the Packers and Stockyards Act, 9 CFR part 203. In addition, the following terms used in these parts shall be construed to mean:
Terms Used In 9 CFR 201.2
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Contract: A legal written agreement that becomes binding when signed.
(a) Act means the Packers and Stockyards Act, 1921, as amended and supplemented (7 U.S.C. § 181 et seq.).
(b) Department means the United States Department of Agriculture.
(c) Secretary means the Secretary of Agriculture of the United States, or any officer or employee of the Department authorized to act for the Secretary.
(d) Administration or agency means the Agricultural Marketing Service.
(e) Administrator or agency head means the Administrator of the Administration or any person authorized to act for the Administrator.
(f) Regional Director means the Regional Director of the Packers and Stockyards Division (PSD) for a given region or any person authorized to act for the Regional Director.
(g) Person means individuals, partnerships, corporations, and associations.
(h) Registrant means any person registered pursuant to the provisions of the Act and the regulations in this part.
(i) Stockyard means a livestock market which has received notice under section 302(b) of the Act that it has been determined by the Secretary to come within the definition of “stockyard” under section 302(a) of the Act.
(j) Schedule means a tariff of rates and charges filed by stockyard owners and market agencies.
(k) Custom Feedlot means any facility which is used in its entirety or in part for the purpose of feeding livestock for the accounts of others, but does not include feeding incidental to the sale or transportation of livestock.
(l) Packers and Stockyards Division (PSD) means the Packers and Stockyards Division of the Fair Trade Practices Program (FTPP), Agricultural Marketing Service.
(m) Principal part of performance means the raising of, and caring for livestock or poultry, when used in connection with a livestock or poultry production contract.
(n) Additional capital investment means a combined amount of $12,500 or more per structure paid by a poultry grower or swine production contract grower over the life of the poultry growing arrangement or swine production contract beyond the initial investment for facilities used to grow, raise and care for poultry or swine. Such term includes the total cost of upgrades to the structure, upgrades of equipment located in and around each structure, goods and professional services that are directly attributable to the additional capital investment. The term does not include costs of maintenance or repair.