Source: http://laws-lois.justice.gc.ca/eng/AnnualStatutes/2011_25/page-4.html
Timestamp: 2016-02-07 04:01:36
Document Index: 715735648

Matched Legal Cases: ['ART 5', 'art56', 'art 3', 'art 4', 'ART 1', 'ART 2', 'ART 3', 'ART 4', 'ART 5']

Distribution of AssetsMarginal note:Distribution of property48. (1) The property of the Corporation is to be applied in satisfaction of its debts and liabilities, and the charges, costs and expenses incurred in winding-up its affairs.Marginal note:Clarification(2) For greater certainty, the contingency fund established under subsection 18(1) of the Canadian Wheat Board (Interim Operations) Act forms part of the property of the Corporation.
Marginal note:Deadline for claims49. (1) The Minister may fix a date by which all claims against the Corporation are to be submitted to the Corporation and must publish a notice of that date in the Canada Gazette at least 60 days before that date.Marginal note:Failure to submit(2) Any claim against the Corporation that is not submitted in accordance with subsection (1) is void.
Marginal note:Winding-up expenses50. All charges, costs and expenses properly incurred in the winding-up of the Corporation, including the remuneration of any liquidator appointed under section 52, are payable out of the assets of the Corporation, in priority to all other claims.
Marginal note:Surplus51. (1) Any surplus that remains after the satisfaction of the debts and liabilities of the Corporation and the winding-up charges, costs and expenses belongs to Her Majesty in right of Canada.Marginal note:Unsatisfied debts and liabilities(2) Any debts and liabilities of the Corporation that remain unsatisfied on the day on which the Corporation is dissolved become the debts and liabilities of Her Majesty in right of Canada.
Appointment of LiquidatorMarginal note:Appointment52. If the Minister considers it necessary to fully carry out the purpose of this Part, the Minister may appoint a liquidator, who is to hold office during pleasure, to administer the final pool period and wind up the Corporation.
Marginal note:Powers, duties and functions53. On appointment of a liquidator,(a) the president, chairperson and other directors cease to hold their respective offices and the liquidator may exercise all of the powers and perform all the duties and functions of the Corporation; and(b) the by-laws made under section 9 of the Canadian Wheat Board (Interim Operations) Act are deemed to be revoked.
Marginal note:Refusal to honour54. The liquidator may refuse to honour any gratuitous contract, or conveyance or contract without consideration or with a merely nominal consideration, respecting either real or personal property or immovables or movables, made by the Corporation before the appointment of the liquidator.
Dissolution DateMarginal note:Dissolution55. The Corporation is dissolved on a day fixed by order of the Governor in Council.
PART 5REPEAL OF THE CANADIAN WHEAT BOARD (INTERIM OPERATIONS) ACTApplicationMarginal note:Application of Part56. This Part applies when the Corporation is continued under Part 3 or dissolved under Part 4.
Transitional ProvisionMarginal note:Library and Archives of Canada Act57. Despite sections 58 and 63, the Library and Archives of Canada Act continues to apply to the Corporation but only in respect of government records, as defined in that Act, that were under the control of the Corporation on the day before the day on which this Part applies.
Consequential AmendmentsR.S., c. A-1Access to Information ActMarginal note:2006, c. 9, s. 16558. Schedule 1 to the Access to Information Act is amended by striking out the following under the heading “OTHER GOVERNMENT INSTITUTIONS”:Canadian Wheat BoardCommission canadienne du blé
R.S., c. G-10Canada Grain Act59. Section 55 of the Canada Grain Act is amended by adding the following after subsection (1):Marginal note:Other works(1.1) Every flour mill, feed mill, feed warehouse and seed cleaning mill is a work for the general advantage of Canada.
1996, c. 10Canada Transportation ActMarginal note:2000, c. 16, s. 9(3)60. The definition government hopper car in section 147 of the Canada Transportation Act is replaced by the following:government hopper carwagon-trémie du gouvernementgovernment hopper car means a hopper car provided to a prescribed railway company by the government of Canada or a province; (wagon-trémie du gouvernement)
Marketing Freedom for Grain Farmers Act1 - SHORT TITLE
2 - PART 1 - OPERATIONS OF THE CANADIAN WHEAT BOARD DURING PRELIMINARY PERIOD
2 - Amendments to the Canadian Wheat Board Act
14 - PART 2 - VOLUNTARY POOLING
14 - Enactment of Canadian Wheat Board (Interim Operations) Act
15 - Consequential and Related Amendments
15 - Advance Payments for Crops Act
16 - Agricultural Marketing Programs Act
22 - Agricultural Products Cooperative Marketing Act
23 - An Act to amend the Canada Grain Act and the Agriculture and Agri-Food Administrative Monetary Penalties Act and to repeal the Grain Futures Act
24 - Canada Grain Act
35 - Farm Products Agencies Act
36 - Livestock Feed Assistance Act
37 - Prairie Grain Advance Payments Act
38 - Seeds Act
41 - PART 3 - COMMERCIALIZATION OF THE CANADIAN WHEAT BOARD
41 - Continuance
45 - Ceasing to Have Effect
46 - PART 4 - DISSOLUTION OF THE CANADIAN WHEAT BOARD
47 - Final Pool Period
48 - Distribution of Assets
52 - Appointment of Liquidator
55 - Dissolution Date
56 - PART 5 - REPEAL OF THE CANADIAN WHEAT BOARD (INTERIM OPERATIONS) ACT
56 - Application
57 - Transitional Provision
58 - Consequential Amendments
58 - Access to Information Act
59 - Canada Grain Act
60 - Canada Transportation Act
61 - Federal-Provincial Fiscal Arrangements Act
62 - Payments in Lieu of Taxes Act
63 - Privacy Act
64 - Repeal
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