In the proposed Animal Welfare (Kept Animals) Bill "packs of hounds" are exempt from the definition of dogs "being at large in a field or enclosure in which there are relevant livestock" under part 37 Subsection 2 (b).
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This means that a member of the publics' dog would be considered a threat to livestock if they were in a field or enclosure in which there are relevant livestock. However if a hunt with a large pack of out of control hounds (which is often the case) entered a field with livestock and terrified or killed such livestock then they wouldn't be held liable for their actions. In fact the hounds would be deemed as being exempt alongside "a police dog, a guide dog, a trained sheep dog or a working gun dog".