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Canada Grain Act

Version of section 82.1 from 2002-12-31 to 2013-07-31:

Marginal note:Consequence of not surrendering grain receipt in prescribed time

 Where a grain receipt issued by the operator of a licensed process elevator or by a licensed grain dealer is not surrendered for payment within such period as is prescribed,

  • (a) the purchase price of the grain to which the receipt relates is deemed to be the market price of the grain on the day the period expires; and

  • (b) the operator of the licensed process elevator or the licensed grain dealer shall issue a cash purchase ticket in respect of the grain.

  • R.S., 1985, c. 37 (4th Supp.), s. 25
  • 1994, c. 45, s. 23

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