Agricultural Marketing Programs Act
Version of section 19 from 2002-12-31 to 2006-11-26:
Marginal note:Amount of advance
19 (1) The amount of an advance eligible for a guarantee under this Part is calculated by multiplying
(a) the number of crop units for which the advance is to be made
by
(b) the rate per crop unit specified in the advance guarantee agreement for that crop in the crop year in which the advance is made.
Marginal note:Rate per crop unit
(2) The rate per crop unit may be specified for a particular crop in a particular area, but it must not exceed one half of the average price that, in the Minister’s opinion, will be payable to producers of the crop in that area.
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