hordruma/ontario_laws_and_regs huggingface dataset:
16. (1) The amount that may be paid out of the Fund to an applicant on any one application is, (a) in the case of a claim under subsection 3 (2) of the Act, 95 per cent of the market value of the grain corn in respect of which the claim is made on the day on which the grounds arose for making the claim; (b) in the case of a claim made in respect of a basis or delayed price contract mentioned in subsection 6 (1), 95 per cent of the market price payable on the day the contract is closed out or considered to be closed out, less 75 per cent of the market price of the grain corn on the day payment on account was made unless the amount is more than 75 per cent in which case the actual amount paid; (c) in the case of a claim by an applicant mentioned in subsection (3), 95 per cent of the amount determined in accordance with subsections (3) and (4); and (d) in all cases not covered by clause (a), (b) or (c), 95 per cent of the amount of the claim. R.R.O. 1990, Reg. 448, s. 16 (1); O. Reg. 764/94, s. 1; O. Reg. 264/97, s. 7 (1). (2) For the purpose of subsection (1), any default in payment by the claimant to the producer organization under the Advance Payment for Crops Act (Canada) arising from any default in payment by a dealer or a failure by an operator to deliver grain corn shall be included in the amount of the applicant’s claim. R.R.O. 1990, Reg. 448, s. 16 (2). (3) Where the applicant is a producer or owner who, (a) holds a licence as a dealer and has purchased grain corn prior to the day on which the claim arose; or (b) holds a licence as an operator and has stored grain corn for other owners prior to the day on which the claim arose, the amount of grain corn in respect of which a claim may be paid out of the Fund shall not exceed the percentage calculated under subsection (4) of the amount of grain corn in respect of which the claim is made. R.R.O. 1990, Reg. 448, s. 16 (3); O. Reg. 264/97, s. 7 (2). (4) The percentage prescribed by subsection (3) shall be calculated by dividing the amount of grain corn produced by the applicant by the combined amount of any grain corn produced by the applicant, purchased by the applicant in their capacity as a dealer and stored by the applicant in their capacity as an operator. R.R.O. 1990, Reg. 448, s. 16 (4). Français