Canadian Agricultural Loans Regulations

1 (1) The definitions in this subsection apply in these Regulations.

Act

Act means the Canadian Agricultural Loans Act. (Loi)

borrower

borrower means a farmer or a farm products marketing cooperative. (emprunteur)

guaranteed farm improvement loan

guaranteed farm improvement loan[Repealed, SOR/2014-39, s. 2]

(2) The definitions in this subsection apply for the purposes of the Act.

additions

additions includes the installation and construction of foundations for buildings and the purchase of materials for that purpose, and the purchase and installation of equipment for, or systems of plumbing, heating, ventilating, air conditioning, sewage disposal or water supply or parts thereof to an existing structure or as part of an increase to an existing structure. (ajout)

alteration

alteration, with respect to a building, means a structural modification to the exterior or interior of any structure that is designed to improve, modernize or increase the usefulness of a structure and includes

• (a) the purchase of material for that purpose;

• (b) the relocation of any equipment; and

• (c) the modification of any system of plumbing, heating, ventilating, air conditioning, sewage disposal, water supply or electrical system, or any parts thereof. (modification)

repair

repair includes the painting of any structure and the purchase of the material and services required for a repair. (réparation)

works for drainage

works for drainage means works related to the making of a drainage ditch, tiling and drainage installations and pumping and diking installations and includes works for the prevention of soil erosion by water. (travaux de drainage)