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A-30 - Crop Insurance Act

Section 71.3
Disposition versions

Full text
71.3. (Repealed).
1998, c. 53, s. 17; 2000, c. 15, s. 96; 2000, c. 53, s. 68.
71.3. The revenues generated by the instruments and contracts of a financial nature to which Chapter VIII of the Financial Administration Act (chapter A‐6.001) applies are applied first to the repayment of the interest, costs and capital of loans contracted under section 71.2, and then to the repayment of the brokerage fees relating to such instruments and contracts.
The balance of the revenues remaining at the end of each fiscal year is paid into the fund as a contribution of the Government.
If an agreement under section 73 provides for a financial interest held by farm producers in instruments and contracts of a financial nature, the balance of the revenues is applied to the amount of the assessments payable by the producers for the following fiscal year, proportionally to their financial interest.
1998, c. 53, s. 17; 2000, c. 15, s. 96.
71.3. The revenues generated by the instruments and contracts of a financial nature to which Division VIII.1 of the Financial Administration Act (chapter A-6) applies are applied first to the repayment of the interest, costs and capital of loans contracted under section 71.2, and then to the repayment of the brokerage fees relating to such instruments and contracts.
The balance of the revenues remaining at the end of each fiscal year is paid into the fund as a contribution of the Government.
If an agreement under section 73 provides for a financial interest held by farm producers in instruments and contracts of a financial nature, the balance of the revenues is applied to the amount of the assessments payable by the producers for the following fiscal year, proportionally to their financial interest.
1998, c. 53, s. 17.
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