Licensing and Arbitration Regulations (SOR/84-432)
Agricultural Products
8. For the purposes of section 2.1, all fresh fruits and vegetables and edible fungi are agricultural products except
(a) potatoes in respect of which a certificate has been issued pursuant to the Seeds Regulations and that are sold as seed potatoes;
(b) nuts and wild fungi;
(c) wild fruits for which no grades are established; and
(d) wild vegetables for which no grades are established.
- SOR/90-7, s. 2.
Bond or Other Security
9. (1) The Minister shall require a dealer to post a bond, or to provide other security satisfactory to the Minister, as a guarantee that the dealer will comply with the terms and conditions of a licence issued pursuant to these Regulations, where a person referred to in paragraph 3(3)(n)
(a) is described in any of subparagraphs 3(3)(n)(i) to (ix); or
(b) has a history of slow payment of financial obligations.
(2) Where the bond or other security posted or provided by a dealer is forfeited under section 11 or cancelled by the bonding company, the dealer’s licence is cancelled as of the date of that forfeiture or cancellation.
(3) A dealer whose licence has been cancelled under subsection (2) is not entitled to a new licence until he or she posts another bond or provides other security in accordance with subsection (1).
- SOR/96-363, s. 5.
10. (1) Where the Minister determines that a bond or other security is no longer satisfactory, the Minister shall, by notice in writing, require the dealer to post a new bond or provide new security in accordance with subsection 9(1).
(2) Where a dealer fails, within the 21 days after receiving a notice referred to in subsection (1), to post a new bond or provide new security, the dealer’s licence shall be suspended until the bond is posted or the security is provided.
- SOR/96-363, s. 5.
Forfeiture of a Bond or Other Security
11. Where a dealer fails to comply with a term or condition of the dealer’s licence, the Minister shall require the bond or security that was posted or provided in accordance with section 9 or 10 to be forfeited in whole or in part.
- SOR/96-363, s. 5.
Terms and Conditions of a Licence
12. A licensed dealer shall not carry on business under a name other than the name specified in his licence.
13. A licensed dealer shall, within 30 days of the occurrence of any of the following events, notify the Minister in writing
(a) of any change in the ownership or management of his business that involves a transfer of responsibility from the previous management or the employment of a person in a position of responsibility or management;
(b) of any assignment for the benefit of his creditors under the Bankruptcy and Insolvency Act;
(c) of any receiving order made against him under the Bankruptcy and Insolvency Act;
(d) where a receiver or receiver-manager takes possession or control of any of the licensed dealer’s property; or
(e) of any arrangement or compromise that he enters into with his creditors under any Act of Parliament or the legislature of a province.
- 1992, c. 27, s. 90;
- SOR/96-363, s. 6.
