Marginal note:Short title

1. This Act may be cited as the Agricultural Products Cooperative Marketing Act.

Marginal note:Definitions

2. In this Act,

“agricultural product”

« produit agricole »

“agricultural product” means

• (a) grain,

• (b) milk and milk products,

• (c) vegetables and vegetable products,

• (d) livestock and livestock products,

• (e) fruit and fruit products,

• (f) poultry and poultry products,

• (g) honey,

• (h) maple syrup,

• (i) tobacco, and

• (j) any other product of agriculture designated by the Governor in Council;

“cooperative association”

« association coopérative »

“cooperative association” means an association of primary producers having for its object the marketing, under a cooperative plan, of agricultural products produced by primary producers;

“cooperative plan”

« plan coopératif »

“cooperative plan” means an agreement or arrangement for the marketing of agricultural products that provides for

• (a) equal returns to primary producers for agricultural products of the like grade and quality,

• (b) the return to primary producers of the proceeds of the sale of all agricultural products delivered under the agreement or arrangement and produced during the year, after deduction of processing, carrying and selling costs and reserves, if any, and

• (c) an initial payment to primary producers of the agricultural product to which the agreement relates of an amount fixed by regulations made by the Governor in Council on the recommendation of the Minister with respect to a reasonable amount that does not exceed the amount estimated by the Minister to be the amount by which the average wholesale price according to grade and quality of the agricultural product for the year in respect of which the initial payment will be made will exceed the processing, carrying and selling costs thereof for that year;

“initial payment”

« paiement initial »

“initial payment” means the sum paid or credited for merchandise delivered or money advanced to primary producers of an agricultural product to be marketed under only one cooperative plan;

“Minister”

« ministre »

“Minister” means the Minister of Agriculture and Agri-Food;

“processor”

« conditionneur »

“processor” means a person engaged in the preparation or conversion of an agricultural product for marketing;

“selling agency”

« organisme de vente »

“selling agency” means the person authorized by one or more cooperative associations, one or more processors or one or more cooperative associations and processors to market an agricultural product under only one cooperative plan;

“year”

« année »

“year” means such period of twelve months as the Minister may designate as being the year of production of an agricultural product.