Farm Debt Mediation Regulations
1 (1) The definitions in this subsection apply in these Regulations.
- Act
Act means the Farm Debt Mediation Act. (Loi)
- business day
business day means a day that is not a Saturday or a holiday. (jour ouvrable)
- Service
Service means the Farm Debt Mediation Service of the Department of Agriculture and Agri-Food. (Service de médiation)
(2) For the purposes of section 20 and subsection 22(2) of the Act, a person is related to a farmer or a creditor if
(a) in the case of a farmer or a creditor who is an individual, the person is
(i) the spouse of the farmer or the creditor,
(ii) a natural or adopted child of the farmer or the creditor or of the farmer’s or the creditor’s spouse,
(iii) a brother, sister, mother, father, grandmother or grandfather of the farmer or the creditor or of the farmer’s or the creditor’s spouse, or
(iv) an employee or employer of the farmer or the creditor at the time the original application for mediation was filed with the Service; or
(b) in the case of a farmer or a creditor that is a corporation, cooperative, partnership or other association, the person
(i) was an officer, director, partner or employee of the farmer or the creditor at the time the original application for mediation was filed with the Service, or
(ii) directly owns or indirectly owns, controls or holds 25 per cent or more of the shares of the corporation or cooperative.
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