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C-78.1 - Act to promote forest credit by private institutions

Section 1
Disposition versions

Full text
1. In this Act, unless the context indicates otherwise,
“association” means
(1)  a partnership, a cooperative or a legal person with share capital whose main object and principal activity is the productive management of a forest; or
(2)  a professional syndicate;
“bank” means a bank governed by the Bank Act (R.S.C. 1985, c. B-1) or of the Québec Savings Banks Act (R.S.C. 1970, c. B-4);
“borrower” means a person or a group of persons contemplated in section 3 who or which contracts a borrowing or a person or a group of persons who or which assumes the repayment of a loan;
“borrowing” means a loan obtained in accordance with this Act;
“credit union” means a financial services cooperative governed by the Act respecting financial services cooperatives (chapter C-67.3);
“forest” means land covered with timber stands or which, formerly so covered, is not put to any use inconsistent with forestry; the term includes, where such is the case, works or constructions thereon that are or may be used for the productive management or harvesting of forest resources on such land;
“forestry” means the body of principles and methods necessary for the conservation, cultivation, improvement and management, and for the harvesting and rational utilization of timber stands and of the material resources contained therein or obtainable therefrom;
“lender” means a bank, credit union or other institution designated by regulation which grants a loan;
“loan” means a loan granted in accordance with this Act;
“manager” means a person entrusted with part of the management of a forest in the domain of the State under a management delegation agreement described in section 17.22 of the Act respecting the Ministère des Ressources naturelles et de la Faune (chapter M-25.2);
“permit holder” means the holder of a forestry permit for the operation of a sugar bush issued under the Sustainable Forest Development Act (chapter A-18.1);
“professional syndicate” means a professional syndicate formed under the Professional Syndicates Act (chapter S-40) which administers a forest products joint plan.
1983, c. 16, s. 1; 1986, c. 108, s. 246; 1987, c. 23, s. 76; 1988, c. 64, s. 587; 1999, c. 40, s. 98; 2000, c. 29, s. 634; 2010, c. 3, s. 284.
1. In this Act, unless the context indicates otherwise,
“association” means
(1)  a partnership, a cooperative or a legal person with share capital whose main object and principal activity is the productive management of a forest; or
(2)  a professional syndicate;
“bank” means a bank governed by the Bank Act (Revised Statutes of Canada, 1985, chapter B-1) or of the Québec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4);
“borrower” means a person or a group of persons contemplated in section 3 who or which contracts a borrowing or a person or a group of persons who or which assumes the repayment of a loan;
“borrowing” means a loan obtained in accordance with this Act;
“credit union” means a financial services cooperative governed by the Act respecting financial services cooperatives (chapter C-67.3);
“forest” means land covered with timber stands or which, formerly so covered, is not put to any use inconsistent with forestry; the term includes, where such is the case, works or constructions thereon that are or may be used for the productive management or harvesting of forest resources on such land;
“forestry” means the body of principles and methods necessary for the conservation, cultivation, improvement and management, and for the harvesting and rational utilization of timber stands and of the material resources contained therein or obtainable therefrom;
“lender” means a bank, credit union or other institution designated by regulation which grants a loan;
“loan” means a loan granted in accordance with this Act;
“manager” means a person entrusted with the management of lands in the domain of the State by an agreement with the Minister under section 102 of the Forest Act (chapter F-4.1);
“permit holder” means a person to whom a forest management permit is issued under the Forest Act for the management of a sugar bush;
“professional syndicate” means a professional syndicate formed under the Professional Syndicates Act (chapter S-40) which administers a forest products joint plan.
1983, c. 16, s. 1; 1986, c. 108, s. 246; 1987, c. 23, s. 76; 1988, c. 64, s. 587; 1999, c. 40, s. 98; 2000, c. 29, s. 634.
1. In this Act, unless the context indicates otherwise,
“association” means
(1)  a partnership, a cooperative or a legal person with share capital whose main object and principal activity is the productive management of a forest; or
(2)  a professional syndicate;
“bank” means a bank governed by the Bank Act (Revised Statutes of Canada, 1985, chapter B-1) or of the Québec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4);
“borrower” means a person or a group of persons contemplated in section 3 who or which contracts a borrowing or a person or a group of persons who or which assumes the repayment of a loan;
“borrowing” means a loan obtained in accordance with this Act;
“credit union” means a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4.1);
“forest” means land covered with timber stands or which, formerly so covered, is not put to any use inconsistent with forestry; the term includes, where such is the case, works or constructions thereon that are or may be used for the productive management or harvesting of forest resources on such land;
“forestry” means the body of principles and methods necessary for the conservation, cultivation, improvement and management, and for the harvesting and rational utilization of timber stands and of the material resources contained therein or obtainable therefrom;
“lender” means a bank, credit union or other institution designated by regulation which grants a loan;
“loan” means a loan granted in accordance with this Act;
“manager” means a person entrusted with the management of lands in the domain of the State by an agreement with the Minister under section 102 of the Forest Act (chapter F-4.1);
“permit holder” means a person to whom a forest management permit is issued under the Forest Act for the management of a sugar bush;
“professional syndicate” means a professional syndicate formed under the Professional Syndicates Act (chapter S-40) which administers a forest products joint plan.
1983, c. 16, s. 1; 1986, c. 108, s. 246; 1987, c. 23, s. 76; 1988, c. 64, s. 587; 1999, c. 40, s. 98.
1. In this Act, unless the context indicates otherwise,
“association” means
(1)  a partnership within the meaning of the Civil Code of Lower Canada, a cooperative or a corporation with share capital whose main object and principal activity is the productive management of a forest; or
(2)  a professional syndicate;
“bank” means a bank governed by the Bank Act (Revised Statutes of Canada, 1985, chapter B-1) or of the Québec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4);
“borrower” means a person or a group of persons contemplated in section 3 who or which contracts a borrowing or a person or a group of persons who or which assumes the repayment of a loan;
“borrowing” means a loan obtained in accordance with this Act;
“credit union” means a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4.1);
“forest” means land covered with timber stands or which, formerly so covered, is not put to any use inconsistent with forestry; the term includes, where such is the case, works or constructions thereon that are or may be used for the productive management or harvesting of forest resources on such land;
“forestry” means the body of principles and methods necessary for the conservation, cultivation, improvement and management, and for the harvesting and rational utilization of timber stands and of the material resources contained therein or obtainable therefrom;
“lender” means a bank, credit union or other institution designated by regulation which grants a loan;
“loan” means a loan granted in accordance with this Act;
“manager” means a person entrusted with the management of lands in the public domain by an agreement with the Minister under section 102 of the Forest Act (chapter F-4.1);
“permit holder” means a person to whom a forest management permit is issued under the Forest Act for the management of a sugar bush;
“professional syndicate” means a professional syndicate formed under the Professional Syndicates Act (chapter S-40) which administers a forest products joint plan.
1983, c. 16, s. 1; 1986, c. 108, s. 246; 1987, c. 23, s. 76; 1988, c. 64, s. 587.
1. In this Act, unless the context indicates otherwise,
“association” means
(1)  a partnership within the meaning of the Civil Code, a cooperative or a corporation with share capital whose main object and principal activity is the productive management of a forest; or
(2)  a professional syndicate;
“bank” means a bank governed by the Bank Act (Revised Statutes of Canada, 1985, chapter B-1) or of the Québec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4);
“borrower” means a person or a group of persons contemplated in section 3 who or which contracts a borrowing or a person or a group of persons who or which assumes the repayment of a loan;
“borrowing” means a loan obtained in accordance with this Act;
“credit union” means a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4);
“forest” means land covered with timber stands or which, formerly so covered, is not put to any use inconsistent with forestry; the term includes, where such is the case, works or constructions thereon that are or may be used for the productive management or harvesting of forest resources on such land;
“forestry” means the body of principles and methods necessary for the conservation, cultivation, improvement and management, and for the harvesting and rational utilization of timber stands and of the material resources contained therein or obtainable therefrom;
“lender” means a bank, credit union or other institution designated by regulation which grants a loan;
“loan” means a loan granted in accordance with this Act;
“manager” means a person entrusted with the management of lands in the public domain by an agreement with the Minister under section 102 of the Forest Act (chapter F-4.1);
“permit holder” means a person to whom a forest management permit is issued under the Forest Act for the management of a sugar bush;
“professional syndicate” means a professional syndicate formed under the Professional Syndicates Act (chapter S-40) which administers a forest products joint plan.
1983, c. 16, s. 1; 1986, c. 108, s. 246; 1987, c. 23, s. 76.
1. In this Act, unless the context indicates otherwise,
“association” means
(1)  a partnership within the meaning of the Civil Code, a cooperative or a corporation with share capital whose main object and principal activity is the productive management of a forest; or
(2)  a professional syndicate;
“bank” means a bank governed by the Bank Act (Statutes of Canada, 1980-81, chapter 40) or of the Quebec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4);
“borrower” means a person or a group of persons contemplated in section 3 who or which contracts a borrowing or a person or a group of persons who or which assumes the repayment of a loan;
“borrowing” means a loan obtained in accordance with this Act;
“credit union” means a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4);
“forest” means land covered with timber stands or which, formerly so covered, is not put to any use inconsistent with forestry; the term includes, where such is the case, works or constructions thereon that are or may be used for the productive management or harvesting of forest resources on such land;
“forestry” means the body of principles and methods necessary for the conservation, cultivation, improvement and management, and for the harvesting and rational utilization of timber stands and of the material resources contained therein or obtainable therefrom;
“lender” means a bank, credit union or other institution designated by regulation which grants a loan;
“loan” means a loan granted in accordance with this Act;
“manager” means a person entrusted with the management of lands in the public domain by an agreement with the Minister under section 102 of the Forest Act (chapter F-4.1);
“permit holder” means a person to whom a forest management permit is issued under the Forest Act for the management of a sugar bush;
“professional syndicate” means a professional syndicate formed under the Professional Syndicates Act (chapter S-40) which administers a forest products joint plan.
1983, c. 16, s. 1; 1986, c. 108, s. 246; 1987, c. 23, s. 76.
1. In this Act, unless the context indicates otherwise,
“association” means
(1)  a partnership within the meaning of the Civil Code, a cooperative or a corporation with share capital whose main object and principal activity is the productive management of a forest; or
(2)  a professional syndicate;
“bank” means a bank governed by the Bank Act (Statutes of Canada, 1980-81, chapter 40) or of the Quebec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4);
“borrower” means a person or a group of persons contemplated in section 3 who or which contracts a borrowing or a person or a group of persons who or which assumes the repayment of a loan;
“borrowing” means a loan obtained in accordance with this Act;
“credit union” means a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4);
“forest” means land covered with timber stands or which, formerly so covered, is not put to any use inconsistent with forestry; the term includes, where such is the case, works or constructions thereon that are or may be used for the productive management or harvesting of forest resources on such land;
“forestry” means the body of principles and methods necessary for the conservation, cultivation, improvement and management, and for the harvesting and rational utilization of timber stands and of the material resources contained therein or obtainable therefrom;
“lender” means a bank, credit union or other institution designated by regulation which grants a loan;
“loan” means a loan granted in accordance with this Act;
“manager” means a person entrusted with the management of public lands by an agreement with the Minister under section 102 of the Forest Act (chapter F-4.1);
“permit holder” means a person to whom a forest management permit is issued under the Forest Act for the management of a sugar bush;
“professional syndicate” means a professional syndicate formed under the Professional Syndicates Act (chapter S-40) which administers a forest products joint plan.
1983, c. 16, s. 1; 1986, c. 108, s. 246.
1. In this Act, unless the context indicates otherwise,
“association” means
(1)  a partnership within the meaning of the Civil Code, a cooperative or a corporation with share capital whose main object and principal activity is the productive management of a forest; or
(2)  a professional syndicate;
“bank” means a bank governed by the Bank Act (Statutes of Canada, 1980-81, chapter 40) or of the Quebec Savings Banks Act (Revised Statutes of Canada, 1970, chapter B-4);
“borrower” means a person or a group of persons contemplated in section 3 who or which contracts a borrowing or a person or a group of persons who or which assumes the repayment of a loan;
“borrowing” means a loan obtained in accordance with this Act;
“credit union” means a savings and credit union governed by the Savings and Credit Unions Act (chapter C-4);
“forest” means land covered with timber stands or which, formerly so covered, is not put to any use inconsistent with forestry; the term includes, where such is the case, works or constructions thereon that are or may be used for the productive management or harvesting of forest resources on such land;
“forestry” means the body of principles and methods necessary for the conservation, cultivation, improvement and management, and for the harvesting and rational utilization of timber stands and of the material resources contained therein or obtainable therefrom;
“lender” means a bank, credit union or other institution designated by regulation which grants a loan;
“loan” means a loan granted in accordance with this Act;
“manager” means a person who manages public lands by agreement with the Minister under sections 118 to 120 of the Lands and Forests Act (chapter T-9);
“permit holder” means a person to whom a permit is issued under the Lands and Forests Act (chapter T-9) to cultivate sugar maple trees and operate a sugary on public lands;
“professional syndicate” means a professional syndicate formed under the Professional Syndicates Act (chapter S-40) which administers a forest products joint plan.
1983, c. 16, s. 1.
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