Bill C-72
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18.1 The Act is amended by adding the
following after section 33:
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Early
payment
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33.01 (1) The Corporation may, in
accordance with this section, pay to holders of
certificates issued by the Corporation
pursuant to this Part, an amount instead of the
amount that would be distributed under
paragraph 32(1)(c) or section 33.
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Possible gains
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(2) Any gains of the Corporation that may
result from the operation of this section may
be credited to the contingency fund.
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Losses
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(3) Any losses of the Corporation that result
from making payments under subsection (1)
are paid out of the contingency fund
established under paragraph 6(1)(c.3).
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19. (1) Paragraph 37(1)(c) of the Act is
replaced by the following:
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(2) Subsection 37(2) of the Act is
repealed.
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20. Sections 38 and 39 of the Act are
replaced by the following:
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Transfer of
wheat from
one pool
period to
subsequent
pool period
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38. The Corporation may adjust its accounts
at any time by transferring to the then current
pool period all wheat delivered during a
preceding pool period and then remaining
unsold, and the Corporation shall credit to the
accounts for that preceding pool period, and
charge against the accounts for the current
pool period, such amount as the Corporation
considers to be a reasonable price for the
wheat so transferred, and all wheat so
transferred shall
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Transfer of
undistributed
balances
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39. (1) Where producers of any grain sold
and delivered during a pool period have been
for six years or more entitled to receive from
the Corporation payments in respect thereof
under certificates issued pursuant to this Act
or out of an equalization fund, or otherwise,
and there is an undistributed balance
remaining in the accounts of the Corporation
in respect of that grain, the Corporation may
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How
transferred
balances to be
used
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(2) Any balance transferred to the separate
account pursuant to subparagraph (1)(a)(ii),
other than such part thereof as is required for
the payments referred to in paragraph (1)(b),
shall be used for such purposes as the
Corporation may consider to be for the benefit
of producers.
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Cash Purchases of Wheat |
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Powers of the
Corporation
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39.1 Notwithstanding sections 32 to 39, the
Corporation may enter into a contract with a
producer or any other person or entity for the
purchase and delivery of wheat or wheat
products at a price other than the sum certain
per tonne for wheat as set out in section 32, and
on such terms and conditions as the
Corporation considers appropriate.
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21. The heading of Part IV of the French
version of the Act is replaced by the
following:
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RÉGLEMENTATION DU COMMERCE INTERPROVINCIAL ET DE L'EXPORTATION DU BLÉ |
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22. Section 45 of the Act is renumbered as
subsection 45(1) and is amended by adding
the following:
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Exclusion
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(2) On the recommendation of the Minister,
the Governor in Council may, by order,
exclude any kind, type, class or grade of
wheat, or wheat produced in any area in
Canada, from the provisions of this Part either
in whole or in part, or generally, or for any
period.
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Recommen- dation of the Minister
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(3) The Minister shall not make the
recommendation referred to in subsection (2)
unless
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Significant
kind, type,
class or grade
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(4) Where, in the opinion of the board, the
kind, type, class or grade of wheat is
significant, the Minister shall not make a
recommendation referred to in paragraph
(3)(a) unless a vote in favour of exclusion by
producers has been held in a manner
determined by the Minister.
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23. (1) Paragraph 46(b) of the Act is
repealed.
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(2) Section 46 of the Act is amended by
adding the following after paragraph (c):
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24. The Act is amended by adding the
following after section 61:
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Implementation of the North American Free Trade Agreement |
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Giving effect
to the
Agreement
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61.1 (1) In exercising its powers and
performing its duties, the Corporation shall
give effect to those provisions of the
Agreement that pertain to the Corporation.
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Regulations
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(2) The Governor in Council may, on the
recommendation of the Treasury Board and
the Minister made at the request of the
Corporation, make such regulations in
relation to the Corporation as the Governor in
Council considers necessary for the purpose of
implementing any provision of the Agreement
that pertains to the Corporation.
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Definition
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(3) In subsections (1) and (2),
``Agreement'' has the same meaning as in
subsection 2(1) of the North American Free
Trade Agreement Implementation Act.
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25. The English version of the Act is
amended by replacing the word ``Board''
with the word ``Corporation'' except in
references to ``Canadian Wheat Board''.
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26. The Act is amended by replacing the
expression ``member of the Board'' with the
word ``director'', with such modifications
as the circumstances require, in the
following provisions:
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27. The French version of the Act is
amended by replacing the word
``ordonnance'' with the word ``arrêté'',
with such modifications as the
circumstances require, in the following
provisions:
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CONSEQUENTIAL AMENDMENTS |
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R.S., c. F-11
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Financial Administration Act |
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1993, c. 1, s. 9
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28. Subsection 85(1) of the Financial
Administration Act is replaced by the
following:
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Exempted
Crown
corporations
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85. (1) Divisions I to IV do not apply to the
Bank of Canada, the Canada Council, the
Canadian Broadcasting Corporation, the
Canadian Film Development Corporation, the
International Development Research Centre
or the National Arts Centre Corporation.
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R.S., c. G-10
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Canada Grain Act |
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29. (1) Paragraph 118(g) of the French
version of the Canada Grain Act is replaced
by the following:
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(2) Section 118 of the Act is amended by
striking out the word ``and'' at the end of
paragraph (g) and by adding the following
after paragraph (g):
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CONDITIONAL AMENDMENT |
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Bill C-34
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30. If Bill C-34, introduced in the second
session of the thirty-fifth Parliament and
entitled An Act to establish programs for the
marketing of agricultural products, to repeal
the Agricultural Products Board Act, the
Agricultural Products Cooperative
Marketing Act, the Advance Payments for
Crops Act and the Prairie Grain Advance
Payments Act and to make consequential
amendments to other Acts, is assented to,
then, on the later of the day on which
subsection 3(1) of the Canadian Wheat
Board Act, as enacted by section 3 of this
Act, comes into force and the day on which
that Bill is assented to, the definition
``Board'' in subsection 2(1) of the
Agricultural Marketing Programs Act is
replaced by the following:
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``Board'' « Commis- sion »
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``Board'' means The Canadian Wheat Board
continued by section 3 of the Canadian
Wheat Board Act.
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TRANSITIONAL PROVISION |
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Termination
of
Commissioner
appointments
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31. On the coming into force of section 3
of the Canadian Wheat Board Act, as
amended by section 3 of this Act,
appointments of commissioners made
pursuant to section 3 of that Act, as it read
before the coming into force of section 3 of
this Act, are terminated.
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COMING INTO FORCE |
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Coming into
force
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32. (1) Subject to this section, this Act or
any of its provisions or any provisions
enacted by this Act come into force on a day
or days to be fixed by order of the Governor
in Council.
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Election of
majority of
directors
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(1.1) Subsection 3.6(1) of the Canadian
Wheat Board Act, as enacted by section 3 of
this Act, comes into force on the earlier of
December 31, 1998 and the day fixed by
order of the Governor in Council.
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Status of the
Corporation
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(2) Sections 4, 11, 24 and 28 of this Act,
subsections 3.3(1) and 3.91(1) of the
Canadian Wheat Board Act, as enacted by
section 3 of this Act, and paragraphs 6(1)(c)
and (c.01) of the Canadian Wheat Board Act,
as enacted by subsection 6(2) of this Act,
come into force on the date referred to in
section 3.8 of the Canadian Wheat Board
Act, as enacted by section 3 of this Act.
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Chairperson
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(2.1) On the date referred to in section 3.8
of the Canadian Wheat Board Act, as
enacted by section 3 of this Act, section 3.4
of the Canadian Wheat Board Act, as
enacted by section 3 of this Act, is replaced
by the following:
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Chairperson
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3.4 (1) The board shall designate one
director to be the chairperson and may fix the
remuneration of the chairperson.
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Duties
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(2) The chairperson shall perform the duties
conferred on the chairperson by the by-laws,
shall call and preside at meetings of the board
and shall determine the agenda at those
meetings.
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Absence or
incapacity
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(3) If the chairperson is absent or unable to
act, the board may designate one of the
directors to act as chairperson.
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Sufficiency of
contingency
fund
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(3) The date fixed pursuant to subsection
(1) for the coming into force of the following
provisions shall not be earlier than the date
referred to in subsection 6(3) of the
Canadian Wheat Board Act, as enacted by
subsection 6(3) of this Act:
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Abolition of
Advisory
Committee
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(4) The date fixed pursuant to subsection
(1) for the coming into force of section 9 of
this Act shall not be earlier than December
31, 1998 and its fixing is subject to the
recommendation of the Minister.
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Commis- sioners and members of the Advisory Committee
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(5) The date fixed pursuant to subsection
(1) for the coming into force of
subparagraph 33(1)(a)(i) of the Canadian
Wheat Board Act, as enacted by subsection
18(2) of this Act, shall not be earlier than the
date of the coming into force of section 3 of
this Act and of section 9 of this Act.
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New
governance
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(6) Subparagraphs 33(1)(a)(i.1) and (i.2)
of the Canadian Wheat Board Act, as
enacted by subsection 18(2) of this Act, and
sections 25 and 26 of this Act, come into
force on the coming into force of section 3 of
this Act.
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Cost of
election of
Advisory
Committee
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(7) Subsection 18(3) of this Act comes into
force on the coming into force of section 9 of
this Act.
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