Veterans’ Land Act (R.S.C. 1970, c. V-4)

Act current to 2014-09-15

Acquisition of Lands and Other Property

Marginal note:Purchase, etc., of lands, buildings and other property

 The Director may, for the purposes of this Part,

  • (a) purchase by agreement, at prices which to him seem reasonable, or

  • (b) in any other manner acquire by consent or agreement from Her Majesty in right of Canada or from any province or municipal authority, or from any person, firm or corporation,

such lands and buildings situated in any part of Canada and such other property including building materials, livestock, farm equipment and commercial fishing equipment as the Director may deem necessary.

  • R.S., 1952, c. 280, s. 7.

Buildings and Improvements

Marginal note:Buildings and improvements
  •  (1) The Director may, for the purposes of this Part,

    • (a) erect on land acquired by him such buildings or effect such other improvements as he may deem necessary;

    • (b) enter into a contract with a person, firm or corporation, or with a province, city, town or municipal authority, for the erection of such buildings and for effecting such other improvements as he may deem necessary; and

    • (c) grant a roadway, right-of-way, easement or other right or interest in, over, through or upon such land.

  • Marginal note:“Improvements”

    (2) For the purposes of this section “improvements” includes works for sewage disposal, works for the supply of water, gas, electricity or other services, roads, drainage and the cost of preparing plans of subdivisions and any other plans required for such improvements.

  • R.S., 1952, c. 280, s. 8.

Sales of Land and Other Property to Veterans

Marginal note:Determination of cost to Director
  •  (1) The Director shall, for the purposes of this Part, determine the cost to the Director of the land and improvements thereon, building materials, livestock and farm equipment to be sold to a veteran under this Part, which shall be not less than the amount actually expended by the Director therefor.

  • Marginal note:Idem

    (2) Where the Director acquires land and improvements thereon from a veteran and the veteran has at the time of such acquisition outstanding debts that, in the opinion of the Director, were reasonably incurred to effect improvements to the land and improvements so acquired, the Director may pay the debts on behalf of the veteran, and the cost to the Director of the land and improvements shall include the amount of the debts so paid.

  • 1953-54, c. 66, s. 2;
  • 1965, c. l9, s. 2.
Marginal note:Sale of land, etc., to veterans
  •  (1) Subject to this Part and the regulations, the Director may contract with a veteran certified by him to be qualified to participate in the benefits of this Part for the sale to such veteran of land and improvements thereon, building materials, livestock and farm equipment up to a total cost to the Director of six thousand dollars, but subject to the following conditions:

    • (a) that the cost to the Director of the land, improvements and building materials shall not exceed six thousand dollars;

    • (b) that the veteran has paid to the Director ten per cent of such cost and the entire cost price of land, improvements and building materials in excess of six thousand dollars;

    • (c) that the cost to the Director of the livestock and farm equipment shall not exceed twelve hundred dollars or the amount by which six thousand dollars exceeds the cost to the Director of the land, improvements and building materials, whichever is less;

    • (d) that the sale price to a veteran of land, improvements, building materials, livestock and farm equipment shall be, in addition to any sum paid by the veteran before contract made, a sum equal to two-thirds of the cost to the Director of the land, improvements and building materials;

    • (e) that the interest rate payable by a veteran shall be three and one-half per cent per annum;

    • (f) that the balance of the purchase price payable by a veteran may be extended over a term not in excess of thirty years with interest at the rate aforesaid on the amortization plan; and

    • (g) that, at the request of the veteran, and at any time and from time to time during the period over which the purchase price is payable, the Director may vary the terms of payment to provide for payment of interest only for a period or periods not exceeding in the aggregate five years, or to provide for annual, semi-annual or monthly payments of principal and interest, but a maximum repayment period of thirty years may not be exceeded.

  • Marginal note:Commercial fishing equipment

    (2) In this Part, except in subsection (3) of this section, the expression “livestock and farm equipment”, in the case of a veteran certified by the Director to be a commercial fisherman, includes commercial fishing equipment.

  • Marginal note:Contract with veteran

    (3) In lieu of the contract for sale described in subsection (1) and subject to this Part and the regulations, the Director may contract with a veteran certified by him to be qualified to participate in the benefits of this Part for the sale to such veteran of land and improvements thereon, building materials, livestock and farm equipment, up to a total cost to the Director of five thousand eight hundred dollars, but subject to the following conditions:

    • (a) that the cost to the Director of livestock and farm equipment shall not exceed the sum of three thousand dollars;

    • (b) that the cost to the Director of land and improvements and building materials shall not exceed an amount by which the sum of five thousand eight hundred dollars exceeds the cost to the Director of livestock and farm equipment;

    • (c) that the veteran has paid to the Director twenty per cent of the cost to the Director of the livestock and farm equipment and ten per cent of the cost to the Director of the land, improvements thereon and building materials;

    • (d) that the sale price to a veteran of land, improvements and building materials and livestock and farm equipment, shall be, in addition to any sum paid by the veteran before contract made, a sum equal to forty per cent of the cost to the Director of the livestock and farm equipment and fifty per cent of the cost to the Director of land, improvements thereon and building materials;

    • (e) that the interest rate payable by a veteran shall be three and one-half per cent per annum;

    • (f) that the balance of the purchase price payable by a veteran may be extended over a term not in excess of ten years for the payment of livestock and farm equipment and not in excess of thirty years for the payment of land and improvements thereon and building material; and

    • (g) that livestock and farm equipment shall be sold under this subsection only to a veteran who at the time of such sale enters into a contract under this subsection or has a subsisting contract under this subsection for the purchase of land from the Director or who occupies land under a rental or purchase agreement satisfactory to the Director, and the cost to the Director of such livestock and equipment shall not exceed forty per cent of

      • (i) the value, as estimated by the Director, of the land and improvements thereon sold to the veteran and the cost to the Director of building materials sold to the veteran, and

      • (ii) the value of any land occupied by that veteran under a rental or purchase agreement as estimated by the Director.

  • Marginal note:Additional assistance under ss. (1)

    (4) Where a veteran who entered into a contract with the Director under subsection (3), under which the total cost to the Director was less than five thousand eight hundred dollars, pays in full his indebtedness to the Director thereunder, the Director may enter into a contract with the veteran under subsection (1) subject to the following conditions:

    • (a) that the cost to the Director of the land, improvements, building materials, livestock and farm equipment shall not exceed six thousand dollars less the total cost to the Director under the contract entered into between the Director and the veteran under subsection (3); and

    • (b) that the total cost to the Director under the contract entered into under subsection (3), less the sum paid before contract made and the sale price paid by the veteran, and the cost to the Director under the contract under subsection (1) after deduction of any sum paid before contract made and the sale price payable thereunder, does not exceed two thousand three hundred and twenty dollars,

    and subject to the conditions set forth in paragraphs (1)(b),(d),(e),(f) and (g).

  • Marginal note:Sale, assignment or other disposition only after all commitments met

    (5) A veteran who has entered into a contract with the Director under subsection (1) or (3) may not during the term of that contract sell, assign or otherwise dispose of the subject-matter of that contract or any part thereof, except by lease entered into with the permission of the Director after the expiration of ten years from the effective date provided in the contract, unless payment is made in full to the Director of

    • (a) the total outstanding cost to the Director of the land, improvements, livestock and farm equipment;

    • (b) interest charges at the rate specified in the contract and accruing to the day of payment on the total outstanding cost to the Director; and

    • (c) all other amounts owing by the veteran to the Director and secured under the contract.

  • Marginal note:Conveyance or transfer

    (6) Except upon payment in full to the Director of the amounts set out in paragraphs (5)(a),(b) and (c), no conveyance or transfer of any land being purchased by a veteran from the Director under subsection (1) or (3) shall be given by the Director to the veteran unless

    • (a) ten years have elapsed since the effective date provided in the contract; and

    • (b) the veteran has complied with the terms of the contract throughout that ten-year period.

  • Marginal note:Where contract for sale of livestock and equipment

    (7) Notwithstanding subsection (5), in the case of any contract for the sale of livestock and equipment made between the Director and a veteran who occupies land under a rental or purchase agreement and who subsequently enters into a contract to buy land from the Director before the terms of the contract for the sale of livestock and equipment have been completely fulfilled, the Director shall not give a conveyance or transfer in respect of the said land or improvements thereon or building materials until the terms of the contract for the sale of the said livestock and equipment have been completely fulfilled.

  • Marginal note:No further contract where default exists in previous contract

    (8) Except with the approval of the Minister, the Director shall not enter into a contract for the sale of land, improvements, building materials, livestock, farm equipment or commercial fishing equipment with a veteran who is in default in respect of any contract previously entered into under this Act.

  • Marginal note:Spouse or common-law partner may be joined

    (9) Notwithstanding any other provision of this Act, the Director may, on the request of a veteran, join the spouse or common-law partner of the veteran as a joint purchaser with the veteran in any contract entered into by the veteran pursuant to this section, subject to the following conditions:

    • (a) the veteran and the spouse or common-law partner of the veteran complete, in a form prescribed by the Director, an application to join the spouse or common-law partner;

    • (b) on the death of the veteran or the spouse or common-law partner of the veteran, the survivor becomes the sole purchaser under the contract;

    • (c) the contract cannot be terminated except with the consent of all the parties or as provided under subsection 37(2) of this Act, or by the Director for false or misrepresented information in the application;

    • (d) repayment in full or part of the balance of the sale price may be made at any time without notice or payment of bonus; and

    • (e) on repayment in full of the balance of the sale price, a transfer or conveyance will be issued by the Director to the veteran and the spouse or common-law partner of the veteran, or if one has died, to the survivor.

  • R.S., 1970, c. V-4, s. 11;
  • 1986, c. 15, s. 10;
  • 2000, c. 12, s. 314.