7. The Minister may, on the recommendation of the Bureau, make a grant not exceeding $4 000 to any farmer who applies therefor and submits a programme of land improvement to the Bureau and:who, with the purpose of making the farm of which he is the owner or the lessee an economic farm or increasing the profitability thereof, increases, from 1 November 1975, the area of such farm through the acquisition or lease of additional land.
Such a grant shall be made in accordance with the requirements of the regulations which may determine the amount of the grant in accordance with the increase of the area under cultivation.
For the purposes of this section, the farmer who, for reasons considered acceptable by the Bureau, disposes of the farm of which he is the owner to acquire or lease, within a period determined by regulation, another farm of a greater area, or terminates the lease of a farm of which he is the lessee to acquire or lease another farm of a greater area, within such a period, also increases the area of his farm.
The application contemplated in the first paragraph must be received by the Bureau before 1 January 1986.
1969, c. 44, s. 7; 1975, c. 38, s. 4 (part); 1978, c. 43, s. 4; 1982, c. 29, s. 28; 1983, c. 54, s. 56.