Canada Grain Regulations (C.R.C., c. 889)

Regulations are current to 2013-04-29 and last amended on 2012-08-01. Previous Versions

Security

17. The period prescribed for the purpose of paragraph 49(3)(a) of the Act is

  • (a) if an elevator receipt or grain receipt is issued on delivery of the grain, 90 days; and

  • (b) if a cash purchase ticket or other bill of exchange is issued on delivery of the grain or is later issued on surrender of an elevator receipt or grain receipt in respect of the grain, the lesser of

    • (i) 90 days, and

    • (ii) the period that ends 30 days after the day on which the cash purchase ticket or other bill of exchange is issued.

  • SOR/2000-213, s. 2;
  • SOR/2005-361, s. 5.

18. Security is not required from an applicant for a licence or from a licensee if the applicant or licensee is an agent of Her Majesty in right of Canada.

  • SOR/89-376, ss. 2, 14(F), 16(F);
  • SOR/96-508, s. 12;
  • SOR/2000-213, s. 2.

19. For the purposes of subsection 49(5) of the Act, the prescribed percentage of security realized or enforced is 100%.

  • SOR/89-376, ss. 10(F), 14(F), 16(F);
  • SOR/89-393, s. 3;
  • SOR/93-24, s. 1;
  • SOR/2000-213, s. 2.

Records to Be Kept by Licensees

20. Each licensee shall keep, for at least six years, all documents that relate to grain that was delivered to, stored by, shipped or otherwise disposed of by the licensee and that specify whether the grain was purchased, received for storage or received for sale on commission.

  • SOR/85-677, s. 3;
  • SOR/89-376, s. 10(F), 11(F), 14(F), 16(F);
  • SOR/89-394, s. 1;
  • SOR/93-24, s. 2;
  • SOR/96-508, s. 13;
  • SOR/2000-213, s. 2.

20.1 [Repealed, SOR/2000-213, s. 2]

Application for Licence

[SOR/2002-255, s. 6]

  • 21. (1) Each applicant for a licence shall submit to the Commission, at least 10 days before the commencement date of the licence period, specimens of all tickets, receipts, notes, reports of sales, waivers and any other forms to be used by the licensee under its licence.

  • (2) [Repealed, SOR/2004-198, s. 10]

  • (3) Each applicant for a licence shall submit to the Commission, at least 10 days before the commencement date of the licence period, the licence fee set out in Schedule 1 and the security fixed by the Commission under section 45 of the Act.

  • SOR/89-376, s. 16(F);
  • SOR/96-508, s. 14;
  • SOR/2000-213, s. 2;
  • SOR/2001-273, s. 11;
  • SOR/2003-284, s. 10;
  • SOR/2004-198, s. 10.

22. [Repealed, SOR/2001-273, s. 11]

Obligation and Security Reports

23. Every month, each licensed grain dealer, primary elevator operator and process elevator operator shall submit to the Commission, on the appropriate form supplied by the Commission or in an electronic format acceptable to it, a report respecting the licensee’s outstanding obligations for the payment of money or the delivery of grain to holders of elevator receipts, grain receipts and cash purchase tickets and the security amount available to meet those obligations at the end of the preceding month.

  • SOR/84-627, s. 2;
  • SOR/89-376, ss. 12(F), 16(F);
  • SOR/89-395, s. 2(F);
  • SOR/96-508, s. 16;
  • SOR/2000-213, s. 2;
  • SOR/2002-255, s. 7;
  • SOR/2008-314, s. 1.
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