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Agricultural Marketing Programs Act

Version of section 22 from 2002-12-31 to 2015-02-26:

Marginal note:Liability of defaulting producer to administrator

 A producer who is in default under a repayment agreement is liable to the administrator for

  • (a) the outstanding amount of the guaranteed advance;

  • (b) the interest at the rate specified in the repayment agreement on the outstanding amount of the advance, calculated from the date of the advance; and

  • (c) costs incurred by the administrator to recover the outstanding amount and interest, including legal costs approved by the Minister.

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