Canada Grain Act
Marginal note:Elevator receipt
71 (1) On the receipt of grain into a licensed terminal elevator or licensed transfer elevator, the operator of the elevator shall
(a) forthwith issue an elevator receipt for the grain and any screenings that he is required to report; and
(b) on surrender of the bill of lading relating to the grain, together with evidence of the payment of the charges accrued on the grain prior to the receipt into the elevator of the grain, deliver the elevator receipt to or on the order of the holder of the bill of lading.
Marginal note:Receipt for grain containing excessive moisture or intermixed with other material
(2) Notwithstanding any provision of this Act relating to the delivery of grain of the same kind, grade and quantity as that referred to in an elevator receipt, where the operator of a licensed terminal elevator or licensed transfer elevator issues an elevator receipt for grain to which any grade would, but for excessive moisture in the grain or its intermixture with another material removable by treatment, be assignable, that operator, on the drying or treatment of the grain, as the case may be, to such extent that it meets the grade, shall recall the receipt and, on surrender thereof, issue a new elevator receipt for grain of that grade adjusted to its dried quantity or quantity remaining after the treatment.
(3) An elevator receipt issued for grain referred to in subsection (2) on the receipt of the grain into a licensed terminal elevator or licensed transfer elevator shall state that the receipt is subject to recall and adjustment.
Marginal note:Grain owned by licensee
(4) Where the operator of a licensed terminal elevator or licensed transfer elevator becomes the owner of grain removed from screenings in that elevator, the operator may, with the permission of the Commission, issue an elevator receipt in his own name for the grain.
- 1970-71-72, c. 7, s. 58
- Date modified: