(1) Veal producers who pay an assessment of at least 1/10 of 1% of gross receipts under a veal marketing program pursuant to Act No. 232 of the Public Acts of 1965, being section 290.651 to 290.674 of the Michigan Compiled Laws, are exempt from this act.

  (2) For the purposes of this section, “veal” means nonruminating bovine animals raised entirely on a formulated milk-soymilk ration.