Agricultural Marketing Programs Act

Marginal note:Liability of defaulting producer to administrator

22 A producer who is in default under a repayment agreement is liable to the administrator for

• (a) the outstanding amount of the guaranteed advance;

• (b) the interest at the rate specified in the repayment agreement on the outstanding amount of the advance, calculated from the date of the advance;

• (c) the costs, including legal costs, incurred by the administrator to recover the outstanding amounts and interest, if those costs are approved by the Minister, other than the costs that the administrator has recovered by means of a fee charged to the producer under subsection 5(4); and

• (d) any other outstanding amounts under the repayment agreement.