M-36 - Act to promote the development of agricultural operations

Section 17 Disposition versions

1979-03-15

17. Several natural persons operating an economic farm they hold in undivided ownership, among whom at least 60% of the rights of ownership in the farm are held by one or more farm operators, and joint operators, may benefit jointly by the grant provided for in section 7 on the same conditions as a farmer, except that the maximum grant in such cases may amojnt to a sum equal to the product of $4 000 multiplied by the number of farm operators or farmers, as the case may be, who each own 20% or more of the aggregate of the rights held in undivided ownership of the farm or, as the case may be, of the aggregate of the interests in the economic farm composed of the aggregate of the farms of which the joint operators are the owners or lessees.

1972, c. 34, s. 5; 1975, c. 38, s. 13; 1978, c. 43, s. 9.

1977-12-31

17. Several physical persons operating an economic farm they hold in undivided ownership, among whom at least sixty per cent of the rights of ownership in the farm are held by one or more farm operators, and joint operators, may benefit jointly by the grant provided for in section 7 on the same conditions as a farmer, except that the maximum grant in such cases may amount to a sum equal to the product of two thousand dollars multiplied by the number of farm operators or farmers, as the case may be, who each own twenty per cent or more of the aggregate of the rights held in undivided ownership of the farm or, as the case may be, of the aggregate of the interests in the economic farm composed of the aggregate of the farms of which the joint operators are the owners or lessees.

1972, c. 34, s. 5; 1975, c. 38, s. 13.