M-35 - Farm Products Marketing Act

Section 68 Disposition versions

1977-12-31

68. The producers’ board may also by by-law:

(a)  order, organize, direct, co-ordinate and supervise the joint marketing of a marketed product so that the producers whose products are sold during a fixed period on a specified market receive, from the proceeds of sale, the same price for an identical product of the same quantity and quality notwithstanding fluctuations in the sales price for reasons not related to the intrinsic value of the product;

(b)  prescribe the conditions which must govern joint sale, payment of the sales price, apportionment among the producers of the net proceeds of the sale, provisional fixing before sale and final fixing after sale of the instalment or price to be paid to the producer for his product, the payment of the instalment or price so fixed and the reimbursement made by the producers’ board or sales agent to the purchaser from the surplus when the fixed price exceeds the sales price;

(c)  prescribe payment to the producers of an initial instalment on delivery of the marketed product and of subsequent instalments until final payment of the amounts owing to the producers from the proceeds of the sale;

(d)  compel the purchaser to pay the producer the price fixed for his product and, if need be, to pay to the producers’ board or sales agent the surplus of the sales price over the fixed price;

(e)  compel the purchaser to pay the price of a product to the producer’s board or a sales agent so that the board or agent apportions the net profit from the sale in conformity with the by-laws;

(f)  compel the producer of a marketed product to sell it to the board or a sales agent on the conditions determined under this act and withhold from the resale price obtained by the board or the sales agent the payment of the expenses incurred by the board or agent for the marketing of such product.

1974, c. 36, s. 68.