Bill C-4
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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 under
this Part who apply for such a payment, 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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21. (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repealed.
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22. Sections 38 and 39 of the Act are
replaced by the following:
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Transfer of
wheat from
one pool
period to later
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, an amount that 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) If 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 of such grain
under certificates issued under 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 under subparagraph (1)(a)(ii), other
than any part of that balance that is required
for the payments referred to in paragraph
(1)(b), shall be used for any purposes that 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 any terms and conditions that the
Corporation considers appropriate.
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23. 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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24. (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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25. Section 47 of the Act and the headings
before it are replaced by the following:
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PART V |
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OTHER GRAINS |
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Application of Parts III and IV |
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Extension of
Parts III and
IV to barley
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47. (1) The Governor in Council may, by
regulation, on the recommendation of the
Minister, extend the application of Part III or
of Part IV or of both Parts III and IV to barley.
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Modifications
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(2) Where the Governor in Council has
extended the application of any Part under
subsection (1), the provisions of that Part shall
be deemed to be re-enacted in this Part,
subject to the following:
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When
extension to
come into
force
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(3) An extension of the application of Part
III shall come into force only at the beginning
of a crop year.
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Definition
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(4) For the purposes of this section,
``product'', in relation to barley, means any
substance produced by processing or
manufacturing barley, alone or together with
any other material or substance, designated by
the Governor in Council by regulation as a
product of barley for the purposes of this Part.
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Restriction
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(5) The Minister shall not make a
recommendation referred to in subsection (1)
unless
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Minister's
obligation
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47.1 The Minister shall not cause to be
introduced in Parliament a bill that would
exclude any kind, type, class or grade of wheat
or barley, or wheat or barley produced in any
area in Canada, from the provisions of Part IV,
either in whole or in part, or generally, or for
any period, or that would extend the
application of Part III or Part IV or both Parts
III and IV to any other grain, unless
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26. 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 the 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 any regulations in relation
to the Corporation that 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 of
``Agreement''
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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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27. The Act is amended by replacing the
expression ``member of the Board'' with the
word ``director'', with any modifications
that the circumstances require, in the
following provisions:
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28. The English version of the Act is
amended by replacing the word ``Board''
with the word ``Corporation'', except in
references to the ``Canadian Wheat
Board''.
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29. The French version of the Act is
amended by replacing the word
``ordonnance'' with the word ``arrêté'',
with any modifications that the
circumstances require, in the following
provisions:
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CONSEQUENTIAL AMENDMENTS |
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1997, c. 20
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Agricultural Marketing Programs Act |
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30. 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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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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31. 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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32. (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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TRANSITIONAL PROVISIONS |
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Termination
of
Commissioner
appointments
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33. On the date referred to in section 3.08
of the Canadian Wheat Board Act, as
enacted by section 3 of this Act,
appointments of commissioners made
under 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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Adminis- tration of election of first directors
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34. For greater certainty, the Canadian
Wheat Board shall, subject to the
regulations, take any measures that the
Minister responsible for the Canadian
Wheat Board may determine for the proper
conduct and supervision of the election of
the first directors referred to in subsection
3.02(1) of the Canadian Wheat Board Act, as
enacted by section 3 of this Act, including
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