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Bill C-38

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TABLE OF PROVISIONS

AN ACT TO PROVIDE FOR MEDIATION BETWEEN INSOLVENT FARMERS AND THEIR CREDITORS, TO AMEND THE AGRICULTURE AND AGRI-FOOD ADMINISTRATIVE MONETARY PENALTIES ACT AND TO REPEAL THE FARM DEBT REVIEW ACT

SHORT TITLE

1. Short title

INTERPRETATION

2. Definitions

HER MAJESTY

3. Binding on Her Majesty

ADMINISTRATORS

4. Appointment

APPLICATIONS

5. Application to administrator

6. Farmer must be insolvent

7. Administrator's duties on receiv ing application

8. Amendment of application

FINANCIAL REVIEW

9. Financial review

MEDIATION

10. Appointment of mediator

11. Termination of mediation

STAY OF PROCEEDINGS

12. Effect of stay of proceedings

13. Extension of stay of proceedings

14. Obligatory termination of stay of proceedings

APPEAL BOARDS

15. Appeal Boards

GUARDIAN OF FARMER'S ASSETS

16. Administrator to appoint guardian

17. Duties of guardian

18. Termination of guardianship

ARRANGEMENTS

19. Arrangement to be put in writing

NEW APPLICATIONS

20. New applications under para graph 5(1)(a)

NOTICE BY SECURED CREDITORS

21. Notice by secured creditors

GENERAL

22. Contravention by creditor

23. Disputes

24. Communication of information

25. Personal liability

26. Regulations

27. Offence

28. Review of Act after two years

RELATED AMENDMENTS

29-30. Agriculture and Agri-Food Ad ministrative Monetary Penalties Act

REPEAL

31. Repeal of Farm Debt Review Act

TRANSITIONAL PROVISIONS

32. Definitions

33. Applications made under Farm Debt Review Act

34. Two year rule

35. Members of Farm Debt Review Boards

COMING INTO FORCE

36. Coming into force