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F-1.2 - Act respecting farm financing

Section 40
Disposition versions

Full text
40. The Government may, in respect of any production and any region it designates and for such time as it indicates, recognize one of the following periods as a critical period:
(1)  the period concomitant with or consecutive to a natural disaster which creates an emergency situation for a certain number of farmers, aspiring farmers or group operations;
(2)  the period during which an unforeseen and uncontrollable collapse in the selling prices of a designated production seriously affects a large number of farmers, aspiring farmers or group operations;
(3)  the period during which the cessation of a designated production or a significant reduction in such production due to causes out of the control of farmers, aspiring farmers or group operations seriously affects some of them.
1987, c. 86, s. 40.
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