Agricultural Marketing Programs Act

Marginal note:Annual maximum guarantee for each producer

• 20 (1) Subject to subsection (1.1), the maximum amount of advances in any program year that are eligible for a guarantee under this Act is

  • (a) for a particular agricultural product produced by a producer, the amount specified in the advance guarantee agreement for that agricultural product; and

  • (b) for all agricultural products produced by a producer or a related producer, to the extent that advances for the agricultural products are attributable to the producer under subsection (2), $400,000 or the amount fixed by regulation.

• Marginal note:Overlapping production periods

  (1.1) The maximum amount of all advances that are eligible for a guarantee under this Act in relation to a producer, or to a related producer to the extent that the advances are attributable to the producer under subsection (2), may not, at any one time, exceed $400,000, or the amount fixed by regulation.

• Marginal note:Attribution

  (2) If a producer is related to another producer, the amounts of advances received by, or attributed to, the other producer are attributable to the producer in accordance with the percentage or method of calculation set out in the regulations.