GreatNorthCollective/greatnorth-canada-federal-laws-text huggingface dataset:
ACOA Loan Insurance Regulations — 2
2 In these Regulations, applicant means an individual, partnership, cooperative or body corporate, or any trustee or legal representative thereof, that makes an application for loan insurance pursuant to section 3, but does not include the federal government, a provincial or municipal government or an agency thereof or a legal entity owned or controlled by that government or agency; ( demandeur ) capital costs means, in respect of a project, the capital costs, not exceeding $20,000,000, as determined in accordance with generally accepted accounting principles, that are necessary to carry out the project, other than (a) the value of goodwill, (b) the cost of motor vehicles that are not used exclusively on a project site or between two or more project sites, and (c) the portion of the cost of any asset that exceeds its fair market value; ( coûts des immobilisations ) claim means a claim by a lender to the Agency for a payment pursuant to a loan insurance agreement; ( réclamation ) Fisheries Alternatives Program [Repealed, SOR/95-470, s. 3] formal demand means a demand made by a lender to an applicant for the repayment of the outstanding amount under a loan agreement; ( demande officielle ) lender means a bank, a credit union, a caisse populaire or any other cooperative credit society, a trust company, a loan company, an insurance company, a pension fund or a non-bank affiliate of a foreign bank as defined in subsection 303(1) of the Bank Act , but does not include the federal government, a provincial or municipal government or any agency thereof; ( prêteur ) loan agreement means an agreement entered into by a lender and an applicant whereby the lender makes a loan to the applicant to finance the applicant’s project; ( convention de prêt ) loan insurance means loan insurance provided under these Regulations; ( assurance-prêt ) loan insurance agreement means an agreement entered into by the Agency and a lender whereby the Agency provides insurance to the lender under these Regulations; ( convention d’assurance-prêt ) project means a commercial activity in Atlantic Canada described in subsection 4(1). ( opérations ) SOR/91-283, s. 3; SOR/93-18, s. 1; SOR/95-470, s. 3
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
applicant means an individual, partnership, cooperative or body corporate, or any trustee or legal representative thereof, that makes an application for loan insurance pursuant to section 3, but does not include the federal government, a provincial or municipal government or an agency thereof or a legal entity owned or controlled by that government or agency; ( demandeur )
ACOA Loan Insurance Regulations — (a)
capital costs means, in respect of a project, the capital costs, not exceeding $20,000,000, as determined in accordance with generally accepted accounting principles, that are necessary to carry out the project, other than (a) the value of goodwill, (b) the cost of motor vehicles that are not used exclusively on a project site or between two or more project sites, and (c) the portion of the cost of any asset that exceeds its fair market value; ( coûts des immobilisations )
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
claim means a claim by a lender to the Agency for a payment pursuant to a loan insurance agreement; ( réclamation )
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
Fisheries Alternatives Program [Repealed, SOR/95-470, s. 3]
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
formal demand means a demand made by a lender to an applicant for the repayment of the outstanding amount under a loan agreement; ( demande officielle )
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
lender means a bank, a credit union, a caisse populaire or any other cooperative credit society, a trust company, a loan company, an insurance company, a pension fund or a non-bank affiliate of a foreign bank as defined in subsection 303(1) of the Bank Act , but does not include the federal government, a provincial or municipal government or any agency thereof; ( prêteur )
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
loan agreement means an agreement entered into by a lender and an applicant whereby the lender makes a loan to the applicant to finance the applicant’s project; ( convention de prêt )
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
loan insurance means loan insurance provided under these Regulations; ( assurance-prêt )
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
loan insurance agreement means an agreement entered into by the Agency and a lender whereby the Agency provides insurance to the lender under these Regulations; ( convention d’assurance-prêt )
ACOA Loan Insurance Regulations — ACOA Loan Insurance Regulations
project means a commercial activity in Atlantic Canada described in subsection 4(1). ( opérations )
ACOA Loan Insurance Regulations — 3
3 An applicant may make an application, which shall be in writing, for loan insurance to the Agency and shall provide therein a detailed description of the project and any other information that the Agency considers necessary to evaluate the application effectively. SOR/95-470, s. 4
ACOA Loan Insurance Regulations — 4
4 (1) No loan insurance shall be provided by the Agency in respect of a project unless that project consists of (a) the establishment, expansion or modernization of a commercial enterprise that carries out activities described in the schedule; (b) the establishment, expansion or modernization of a commercial enterprise that carries out activities that are not described in the schedule but represent a strategic investment for the economic benefit of Atlantic Canada; or (c) the purchase of the assets of an existing commercial enterprise, where at the time of the application (i) the existing commercial enterprise has ceased or is about to cease operating as a result of circumstances beyond the control of its present owner, and (ii) the purchase is an arm’s length transaction and is by an applicant that is unrelated to the present owner or to the owner’s immediate predecessor and has not been contrived solely for the purpose of making an application for loan insurance pursuant to section 3. (2) No loan insurance shall be provided in respect of projects relating to (a) the wholesale or retail trade industries, the real estate industry, government service industries and services of a personal or social nature; or (b) mergers, refinancing or acquisitions, except in respect of a project referred to in paragraph (1)(c). SOR/91-283, s. 4; SOR/93-18, s. 2(F); SOR/95-470, s. 5
ACOA Loan Insurance Regulations — 5
5 (1) The Agency may approve an application for loan insurance referred to in section 3 where (a) the applicant’s project is located in Atlantic Canada; (b) the amount of the loan is not less than $100,000 and its term not more than 15 years; (c) [Repealed, SOR/95-470, s. 6] (d) the total amount of the loan is to be used to finance the project; (e) the loan is to be applied only to capital costs; (f) the lender acquires enforceable security for the repayment of the loan by way of a security interest in a form that is consistent with standard banking practice; (g) the applicant is unable to obtain a loan, or a loan on reasonable terms, without the loan insurance; (h) the project would not likely be carried out within the proposed time or scope or in the proposed location without the loan insurance; (i) the project or, where the project will form a part of the applicant’s existing commercial enterprise, the project together with the existing enterprise is or will become commercially viable within reasonable bounds of risk; and (j) the project would constitute a significant contribution to the economic benefit of Atlantic Canada. (2) When an application for loan insurance is approved by the Agency, the Agency may enter into a loan insurance agreement with the lender. SOR/91-283, s. 5; SOR/95-470, s. 6
ACOA Loan Insurance Regulations — 7
7 Where a loan is made in respect of the establishment, expansion or modernization of a commercial enterprise designed to serve food or drink, no loan insurance shall be provided unless that commercial enterprise carries out activities that are described in the schedule under the heading “SECTOR 3: TOURISM”. SOR/95-470, s. 8
ACOA Loan Insurance Regulations — 8
8 The amount of loan insurance provided to a lender shall not exceed, on the date of a formal demand, 90 per cent of the principal amount outstanding on the loan that is owed by the applicant pursuant to a loan agreement. SOR/91-283, s. 6; SOR/95-470, s. 10
ACOA Loan Insurance Regulations — 9
9 Every lender shall pay to the Agency in advance an insurance fee that is calculated in accordance with the following formulas: (a) the fee payable on the date of the first disbursement, A × B × 0.01 (b) the fee payable on the date of each subsequent disbursement, A × B × C/365 × 0.01, and (c) the fee payable on each anniversary date of the first disbursement until the earlier of the date of the formal demand and the date that the loan is repaid A × D × 0.01 where A is the percentage of the loan that the Agency agrees to insure under the loan insurance agreement, B is the amount of the disbursement, C is the number of days remaining between the date of the disbursement and the next anniversary of the first disbursement under the loan agreement, and D is the amount of the loan that is outstanding under the loan agreement on the anniversary date of the first disbursement. SOR/91-283, s. 6; SOR/95-470, s. 11
ACOA Loan Insurance Regulations — 10
10 No claim made under a loan insurance agreement shall be paid until a formal demand has been made by the lender to the applicant and the lender has provided evidence to the Agency that the lender has taken all reasonable steps to protect the lender’s rights and to realize on the security for the loan made under the loan agreement. SOR/91-283, s. 6; SOR/93-18, s. 3; SOR/95-470, s. 12
ACOA Loan Insurance Regulations — 11
11 A claim by a lender shall contain all of the information that is required by the Agency in order to determine the amount that is payable. SOR/91-283, s. 6; SOR/93-18, s. 3; SOR/95-470, s. 12
ACOA Loan Insurance Regulations — 12
12 (1) The maximum amount payable by the Agency to a lender in respect of a claim shall be the lesser of (a) the percentage stipulated in the loan insurance agreement, of the loss incurred by the lender, and (b) the percentage, stipulated in the loan insurance agreement, of the principal amount outstanding on the loan on the date of the formal demand. (2) For the purpose of paragraph (1)(a), loss means the total of (a) the principal amount of the loan that is outstanding and the amount of interest that is unpaid on the date of the formal demand, (b) reasonable legal fees, disbursements and other expenses paid by the lender to collect or to endeavour to collect the amounts referred to in paragraph (a) or any portion thereof, (c) disbursements made by the lender to protect any security provided for the loan, and (d) interest on the amounts referred to in paragraphs (a) to (c) calculated beginning on the date of the formal demand until the date the Agency pays the lender’s claim, (i) at the rate stipulated in the loan agreement, (A) for a period not exceeding 180 days beginning on the date of the formal demand, and (B) for an additional period not exceeding 180 days, where the Agency and the lender have agreed to wait for the expiration of that additional period before realizing on the security or any portion thereof, and (ii) at one-half the rate referred to in subparagraph (i) for any period after the period referred to in clause (i)(A) and, where applicable, the additional period referred to in clause (i)(B), less (e) the total of (i) the net amount realized on the security provided for the loan, and (ii) any other amount recovered by the lender after the date of the formal demand that is in excess of all other indebtedness of the applicant to the lender. SOR/91-283, s. 6; SOR/93-18, s. 4(E); SOR/95-470, s. 13
ACOA Loan Insurance Regulations — 13
13 The Agency shall not consider any application for loan insurance that is received after September 30, 1996. SOR/91-283, s. 6; SOR/93-18, s. 5; SOR/95-470, s. 14
ACOA Loan Insurance Regulations — SECTOR 1:
SECTOR 1: PRIMARY INDUSTRIES 1.1 Agriculture (a) specialized services to agriculture 1.2 Fishing (a) aquaculture (b) specialized services for fishing 1.3 Logging and Forestry (a) harvesting operations (b) specialized services to logging and forestry 1.4 Mining
ACOA Loan Insurance Regulations — 1.1
1.1 Agriculture (a) specialized services to agriculture
ACOA Loan Insurance Regulations — 1.2
1.2 Fishing (a) aquaculture (b) specialized services for fishing
ACOA Loan Insurance Regulations — 1.3
1.3 Logging and Forestry (a) harvesting operations (b) specialized services to logging and forestry
ACOA Loan Insurance Regulations — (b)
(b) specialized services to logging and forestry
ACOA Loan Insurance Regulations — SECTOR 2:
SECTOR 2: MANUFACTURING INDUSTRIES 2.1 Manufacturing (a) all manufacturing operations in which goods, products, commodities or wares are created, fabricated, refined or made more marketable 2.2 Processing (a) processing and packaging operations
ACOA Loan Insurance Regulations — 2.1
2.1 Manufacturing (a) all manufacturing operations in which goods, products, commodities or wares are created, fabricated, refined or made more marketable
ACOA Loan Insurance Regulations — (a)
(a) all manufacturing operations in which goods, products, commodities or wares are created, fabricated, refined or made more marketable
ACOA Loan Insurance Regulations — 2.2
2.2 Processing (a) processing and packaging operations
ACOA Loan Insurance Regulations — SECTOR 3:
SECTOR 3: TOURISM 3.1 Accommodation (a) hotels, motels, cabins, cottages and related services (b) campgrounds, hunting and fishing camps 3.2 Attractions (a) tourism-related attractions and services, theme parks and similar operations
ACOA Loan Insurance Regulations — 3.1
3.1 Accommodation (a) hotels, motels, cabins, cottages and related services (b) campgrounds, hunting and fishing camps
ACOA Loan Insurance Regulations — (a)
(a) hotels, motels, cabins, cottages and related services
ACOA Loan Insurance Regulations — (b)
(b) campgrounds, hunting and fishing camps
ACOA Loan Insurance Regulations — 3.2
3.2 Attractions (a) tourism-related attractions and services, theme parks and similar operations
ACOA Loan Insurance Regulations — (a)
(a) tourism-related attractions and services, theme parks and similar operations
ACOA Loan Insurance Regulations — SECTOR 4:
SECTOR 4: OTHER SERVICE INDUSTRIES 4.1 Services to business including repair and maintenance and services in support of local or regional development 4.2 Commercial research and development
ACOA Loan Insurance Regulations — 4.1
4.1 Services to business including repair and maintenance and services in support of local or regional development
Indian Band Revenue Moneys Order — Indian Band Revenue Moneys Order
His Excellency the Governor General in Council, on the recommendation of the Minister of Indian Affairs and Northern Development, pursuant to subsection 69(1) of the Indian Act , is pleased hereby to make the annexed Order respecting the control, management and expenditure of revenue moneys .
Indian Band Revenue Moneys Order — 1
1 This Order may be cited as the Indian Band Revenue Moneys Order .
Indian Band Revenue Moneys Order — 2
2 The bands listed in the schedule are hereby permitted to control, manage and expend in whole their revenue moneys.
Most-Favoured-Nation Tariff Extension of Benefit Order — Ferro-chromium — *
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 23 of the Customs Tariff * , is pleased hereby to extend the benefit of the Most-Favoured-Nation Tariff to ferro-chromium of tariff item No. 7202.41.00 or 7202.49.00 that originates in a country to which the General Tariff applies, effective April 15, 1990. * R.S., c. 41 (3rd Supp.)
Vessel Duties Reduction or Removal Regulations — *
His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to Supplementary Note No. 1 * to chapter 89 of Schedule I to the Customs Tariff ** , is pleased hereby to make the annexed Regulations respecting the reduction or removal of customs duties on certain vessels . * S.C. 1988, c. 65 ** R.S., c. 41 (3rd Supp.)
Vessel Duties Reduction or Removal Regulations — 1
1 These Regulations may be cited as the Vessel Duties Reduction or Removal Regulations .
Vessel Duties Reduction or Removal Regulations — 2
2 In these Regulations, Canadian customs waters means all the waters in the territorial sea, internal waters, and the waters above the continental shelf of Canada within which a vessel falls under customs jurisdiction by virtue of the Customs and Excise Offshore Application Act ; ( eaux douanières canadiennes ) continental shelf of Canada means the seabed and subsoil of those submarine areas that extend beyond the territorial sea throughout the natural prolongation of the land territory of Canada to the outer edge of the continental margin or to a distance of two hundred nautical miles from the inner limits of the territorial sea, whichever is the greater, or that extend to such other limits as are prescribed by the Governor in Council pursuant to subsection 2(3) of the Customs and Excise Offshore Application Act ; ( plateau continental du Canada ) cruise ship means a passenger vessel having overnight accommodations for at least 100 persons, exclusive of crew accommodations, but does not include a ship engaged in scheduled passenger or cargo ferry service; ( navire de croisière ) customs duties [Repealed, SOR/98-28, s. 9] duty-paid vessel means a vessel that has been released in accordance with section 32 of the Customs Act ; ( navire dédouané ) inland waters means all the rivers, lakes and other fresh waters in Canada and includes the St. Lawrence River as far seaward as the straight lines drawn (a) from Cap-des-Rosiers to the westernmost point of Anticosti Island, and (b) from Anticosti Island to the north shore of the St. Lawrence River along the meridian of longitude sixty-three degrees west; ( eaux internes ) internal waters includes (a) any areas of the sea that are on the landward side of the baselines of the territorial sea and any areas of the sea, other than the territorial sea, in respect of which Canada has a historic or other title of sovereignty, and (b) the inland waters; ( eaux intérieures ) Minister means the Minister of Public Safety and Emergency Preparedness; ( ministre ) modifications means any work done on a vessel, other than repairs; ( modifications ) repairs means the restoration of a vessel to the condition of the vessel at the time it last departed from Canadian customs waters, including any parts, materials and labour incurred in the making of the repairs; ( réparations ) storage means the safekeeping of a vessel that has been demobilized in a Canadian port; ( entreposage ) territorial sea means the territorial sea of Canada as determined in accordance with the Territorial Sea and Fishing Zones Act ; ( mer territoriale ) vessel means a good of heading 89.01, of subheading 8902.00, of tariff item No. 8903.91.00, 8903.92.00, 8903.99.90 or 8904.00.00, of heading 89.05, of heading 89.06 or of tariff item No. 8907.90.90. ( navire ) SOR/91-277, s. 1; SOR/98-28, s. 9; SOR/2017-180, s. 1
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
Canadian customs waters means all the waters in the territorial sea, internal waters, and the waters above the continental shelf of Canada within which a vessel falls under customs jurisdiction by virtue of the Customs and Excise Offshore Application Act ; ( eaux douanières canadiennes )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
continental shelf of Canada means the seabed and subsoil of those submarine areas that extend beyond the territorial sea throughout the natural prolongation of the land territory of Canada to the outer edge of the continental margin or to a distance of two hundred nautical miles from the inner limits of the territorial sea, whichever is the greater, or that extend to such other limits as are prescribed by the Governor in Council pursuant to subsection 2(3) of the Customs and Excise Offshore Application Act ; ( plateau continental du Canada )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
cruise ship means a passenger vessel having overnight accommodations for at least 100 persons, exclusive of crew accommodations, but does not include a ship engaged in scheduled passenger or cargo ferry service; ( navire de croisière )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
customs duties [Repealed, SOR/98-28, s. 9]
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
duty-paid vessel means a vessel that has been released in accordance with section 32 of the Customs Act ; ( navire dédouané )
Vessel Duties Reduction or Removal Regulations — (a)
inland waters means all the rivers, lakes and other fresh waters in Canada and includes the St. Lawrence River as far seaward as the straight lines drawn (a) from Cap-des-Rosiers to the westernmost point of Anticosti Island, and (b) from Anticosti Island to the north shore of the St. Lawrence River along the meridian of longitude sixty-three degrees west; ( eaux internes )
Vessel Duties Reduction or Removal Regulations — (a)
internal waters includes (a) any areas of the sea that are on the landward side of the baselines of the territorial sea and any areas of the sea, other than the territorial sea, in respect of which Canada has a historic or other title of sovereignty, and (b) the inland waters; ( eaux intérieures )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
Minister means the Minister of Public Safety and Emergency Preparedness; ( ministre )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
modifications means any work done on a vessel, other than repairs; ( modifications )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
repairs means the restoration of a vessel to the condition of the vessel at the time it last departed from Canadian customs waters, including any parts, materials and labour incurred in the making of the repairs; ( réparations )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
storage means the safekeeping of a vessel that has been demobilized in a Canadian port; ( entreposage )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
territorial sea means the territorial sea of Canada as determined in accordance with the Territorial Sea and Fishing Zones Act ; ( mer territoriale )
Vessel Duties Reduction or Removal Regulations — Vessel Duties Reduction or Removal Regulations
vessel means a good of heading 89.01, of subheading 8902.00, of tariff item No. 8903.91.00, 8903.92.00, 8903.99.90 or 8904.00.00, of heading 89.05, of heading 89.06 or of tariff item No. 8907.90.90. ( navire )
Vessel Duties Reduction or Removal Regulations — 3
3 (1) Subject to sections 8 and 10, in the case of a vessel that is temporarily imported for use in Canadian customs waters, the customs duty on the vessel shall be reduced or removed in accordance with section 4, 5 or 6 for a period not exceeding twelve consecutive months. (2) Subject to sections 8 and 10, where the vessel referred to in subsection (1) remains in Canadian customs waters on the expiration of the period for which the customs duty is reduced or removed, the customs duty on the vessel shall be reduced or removed in accordance with section 4, 5 or 6 for an additional period or periods not exceeding 12 consecutive months. SOR/98-28, s. 10(E)