Farm Debt Mediation Act

Version of section 7 from 2002-12-31 to 2015-02-26:


Marginal note:Administrator’s duties on receiving application

  •  (1) On receipt of a duly completed application under section 5, the administrator shall forthwith

    • (a) give notice of the application to

      • (i) each person whose name is listed as a creditor in the application, in the case of an application under paragraph 5(1)(a), or

      • (ii) each person whose name is listed as a secured creditor in the application, in the case of an application under paragraph 5(1)(b);

    • (b) in the case of an application under paragraph 5(1)(a), issue a thirty day stay of proceedings against the farmer by all the farmer’s creditors, and give notice thereof to each person whose name is listed as a creditor in the application; and

    • (c) determine whether the farmer is eligible under this Act to make that application, which determination may be based on, among other things, a preliminary review of the farmer’s financial affairs.

  • Marginal note:Certain decisions final

    (2) In the case of an application under paragraph 5(1)(b), a determination by the administrator under paragraph (1)(c) is final and is not subject to appeal.

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