E-12.1 - Act to promote the establishment of young farmers

Section 1 Disposition versions

1983-12-21

1. In this Act, unless the context indicates a different meaning,

“agricultural operations cooperative” means an agricultural cooperative established under the Cooperatives Act (chapter C-67.2), whose main object and principal activity is the operation of an economic farm of which it is the owner or lessee, provided that all of its shareholder-producers or all of its members, as the case may be, are natural persons, that at least sixty per cent of the issued ordinary shares or of the common shares, as the case may be, are owned by farm operators and that the majority of its shareholder-producers or members, as the case may be, are farm operators the principal occupation of the majority of whom is the operation of such farm;

“agricultural operations corporation” means a corporation constituted under the Companies Act (chapter C-38) whose principal activity is the operation of an economic farm of which it is the owner or lessee, provided that all of its shareholders are natural persons and that at least sixty per cent of the issued shares of each class are owned by one or more farm operators the principal occupation of whom or of the majority of whom is the operation of such farm;

“agricultural operations partnership” means

(1)  a partnership within the meaning of the Civil Code whose principal object is the joint operation of an economic farm, of which it is the owner or lessee, constituted by a written contract in accordance with the regulations, composed of natural persons and in which at least sixty per cent of the interests are owned by one or several farm operators the principal occupation of whom or of the majority of whom is the operation of such farm; or

(2)  several natural persons who are the undivided owners of an economic farm when at least sixty per cent of the property rights in such farm are held by one or several farm operators the principal occupation of whom or of the majority of whom is the operation of such farm, each of such persons being considered as a partner for the purposes of this Act;

“agriculture” means the cultivation of the soil or the raising of livestock;

“Bureau” means the Office du crédit agricole du Québec established under the Farm Credit Act (chapter C-75);

“economic farm” means any farm which, taking into account all of its resources, is capable of producing a revenue which enables the operator thereof to pay the operating costs thereof, including maintenance and depreciation, to fulfil his obligations and to support his family adequately;

“establishment” means the act of a natural person or of a group operation of taking up agriculture on an economic farm as his or its principal occupation or principal activity, on or following the acquisition or leasing of such a farm or on or following investment in, addition to or immoveable construction on a farm owned or leased by the person or group that, in the opinion of the Bureau, makes it an economic farm;

“farm” means any immoveable operated or to be operated within a reasonable period for agricultural purposes;

“farmer” means a farm operator who is the owner or the lessee of a farm;

“farm operator” means any natural person whose principal occupation is agriculture;

“group operation” means an agricultural operations corporation, an agricultural operations cooperative, an agricultural operations partnership or joint operators;

“joint operators” means several natural persons who jointly operate an economic farm constituted of the aggregate of the farms of which they are the owners or lessees while sharing, according to the proportions determined among them, the income from the aggregate of such farms, provided that not less than sixty per cent of the aggregate of the interests in such farm are owned by one or several farmers;

“loan” means a loan granted under the Farm Credit Act (chapter C-75) or the Act to promote long term farm credit by private institutions (chapter C-75.1) or a loan granted under the Farm Credit Act (Revised Statutes of Canada, 1970, chapter F-2) if it meets the requirements prescribed for obtaining a similar loan under the Farm Credit Act (chapter C-75);

“regulation” means any regulation made under this Act by the Government.

1982, c. 29, s. 1; 1982, c. 26, s. 326.

1982-09-01

1. In this Act, unless the context indicates a different meaning,

“agricultural operations cooperative” means an agricultural cooperative association established under the Act respecting cooperative agricultural associations (chapter S-24) or a cooperative association established under the Cooperative Associations Act (chapter A-24), whose main object and principal activity is the operation of an economic farm of which it is the owner or lessee, provided that all of its shareholder-producers or all of its members, as the case may be, are natural persons, that at least sixty per cent of the issued ordinary shares or of the common shares, as the case may be, are owned by farm operators and that the majority of its shareholder-producers or members, as the case may be, are farm operators the principal occupation of the majority of whom is the operation of such farm;

“agricultural operations corporation” means a corporation constituted under the Companies Act (chapter C-38) whose principal activity is the operation of an economic farm of which it is the owner or lessee, provided that all of its shareholders are natural persons and that at least sixty per cent of the issued shares of each class are owned by one or more farm operators the principal occupation of whom or of the majority of whom is the operation of such farm;

“agricultural operations partnership” means

(1)  a partnership within the meaning of the Civil Code whose principal object is the joint operation of an economic farm, of which it is the owner or lessee, constituted by a written contract in accordance with the regulations, composed of natural persons and in which at least sixty per cent of the interests are owned by one or several farm operators the principal occupation of whom or of the majority of whom is the operation of such farm; or

(2)  several natural persons who are the undivided owners of an economic farm when at least sixty per cent of the property rights in such farm are held by one or several farm operators the principal occupation of whom or of the majority of whom is the operation of such farm, each of such persons being considered as a partner for the purposes of this Act;

“agriculture” means the cultivation of the soil or the raising of livestock;

“Bureau” means the Office du crédit agricole du Québec established under the Farm Credit Act (chapter C-75);

“economic farm” means any farm which, taking into account all of its resources, is capable of producing a revenue which enables the operator thereof to pay the operating costs thereof, including maintenance and depreciation, to fulfil his obligations and to support his family adequately;

“establishment” means the act of a natural person or of a group operation of taking up agriculture on an economic farm as his or its principal occupation or principal activity, on or following the acquisition or leasing of such a farm or on or following investment in, addition to or immoveable construction on a farm owned or leased by the person or group that, in the opinion of the Bureau, makes it an economic farm;

“farm” means any immoveable operated or to be operated within a reasonable period for agricultural purposes;

“farmer” means a farm operator who is the owner or the lessee of a farm;

“farm operator” means any natural person whose principal occupation is agriculture;

“group operation” means an agricultural operations corporation, an agricultural operations cooperative, an agricultural operations partnership or joint operators;

“joint operators” means several natural persons who jointly operate an economic farm constituted of the aggregate of the farms of which they are the owners or lessees while sharing, according to the proportions determined among them, the income from the aggregate of such farms, provided that not less than sixty per cent of the aggregate of the interests in such farm are owned by one or several farmers;

“loan” means a loan granted under the Farm Credit Act (chapter C-75) or the Act to promote long term farm credit by private institutions (chapter C-75.1) or a loan granted under the Farm Credit Act (Revised Statutes of Canada, 1970, chapter F-2) if it meets the requirements prescribed for obtaining a similar loan under the Farm Credit Act (chapter C-75);

“regulation” means any regulation made under this Act by the Government.

1982, c. 29, s. 1.