Canada Grain Act
Marginal note:Consequence of not surrendering grain receipt in prescribed time
82.1 Where a grain receipt issued by the operator of a licensed process elevator or by a licensed grain dealer is not surrendered for payment within such period as is prescribed,
(a) the purchase price of the grain to which the receipt relates is deemed to be the market price of the grain on the day the period expires; and
(b) the operator of the licensed process elevator or the licensed grain dealer shall issue a cash purchase ticket in respect of the grain.
- R.S., 1985, c. 37 (4th Supp.), s. 25
- 1994, c. 45, s. 23
- Date modified: