Pest Control Products Regulations
Marginal note:Conditions on early registration
17.93 (1) If a negotiation ends without a negotiated settlement, the applicant may, once a notice referred to in section 17.91 has been delivered, use or rely on the compensable data and request that the Minister register their product in the absence of a letter of access, if the following conditions are met:
(a) the applicant enters into an escrow agreement with a third party;
(b) the third party is a person who is entitled under the laws of a province to receive and hold money on behalf of another person;
(c) pursuant to the escrow agreement, the applicant deposits with the third party an amount of money equal to the registrant’s last offer referred to in subsection 17.91(2); and
(d) the escrow agreement contains all of the following terms:
(i) the third party holds the money until it is payable in accordance with the escrow agreement,
(ii) on receipt of a copy of the registration certificate, the third party pays the registrant an amount equal to the applicant’s last offer referred to in subsection 17.91(2),
(iii) on receipt of a copy of the negotiated settlement or arbitral award, the third party pays the registrant the amount determined in that settlement or award, less the amount paid under subparagraph (ii), and
(iv) the third party pays any remaining balance to the applicant.
Marginal note:Copy and proof to Minister
(2) The applicant must send the Minister both a copy of the escrow agreement and proof that the applicant has deposited the money with the third party in accordance with paragraph (1)(c).
- SOR/2010-119, s. 2
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