Agricultural Marketing Programs Act

Marginal note:Agreement where guarantee already exists

• 5.1 (1) The Minister may enter into an advance guarantee agreement with an administrator without making the guarantee referred to in paragraph 5(1)(a) if the Minister is satisfied that the repayment of the advances to be made under the agreement will be guaranteed by another person or entity.

• Marginal note:Provisions do not apply

  (2) Paragraph 5(3)(i) and, unless the agreement specifies otherwise, section 23 do not apply in respect of an advance guarantee agreement that the Minister enters into without making the guarantee referred to in paragraph 5(1)(a).