Coasting Trade Act

Marginal note:Dredging — provisions not applicable

• 5.1 (1) The following provisions do not apply with respect to licence applications relating to dredging activities that are to be provided under an agreement with Her Majesty in right of Canada or with an entity which is listed in Annex 19-1, as amended from time to time, of Chapter Nineteen of CETA:

  • (a) for an application made on behalf of a ship described in paragraph 3(2.2)(a), paragraph 5(a); and

  • (b) for an application made on behalf of a ship described in paragraph 3(2.2)(b) or (c), paragraph 4(1)(a).

• Marginal note:Total value of agreement

  (2) Subsection (1) applies only if the total value of the agreement of which the dredging activities form a part is equal to or greater than the threshold — the sum in Canadian dollars which the Minister for International Trade determines to be equivalent, for a period which he or she determines, to 5 million special drawing rights issued by the International Monetary Fund — that is applicable on the day of the issuance of the call or request for bids or tenders related to the activities.