B.C. Reg. 146/86
Ministerial Regulation

Deposited July 3, 1986

This archived regulation consolidation is current to April 4, 2003 and includes changes enacted and in force by that date. For the most current information, click here.

Agricultural Credit Act

FORM OF GUARANTEE REGULATION No. 2

1 The guarantee of the Minister of Agriculture and Food, on behalf of the Province of British Columbia, of payment of principal and interest, if any, owing by each farm operator under the terms and conditions of the loan made to the farm operator for the purposes of the 1986 Peace River Program, in accordance with the Agricultural Credit Act and the regulations thereto, shall be substantially in the following form:

"Guarantee of the Province of British Columbia

The Minister of Agriculture and Food, duly authorized in accordance with the Agricultural Credit Act, R.S.B.C. 1996, c. 9, hereby guarantees, on behalf of the Province of British Columbia, to the .................................................. the due and punctual payment of the principal of and interest, if any, on the loan in the principal amount of $.......... made by ........................................ to the farm operator named in the certificate of eligibility number .......... attached hereto, in accordance with the said certificate.

This guarantee is subject to and limited by the provisions of the said Act and its regulations and the definitions provided therein are applicable hereto.

Dated at the City of Victoria
the date of the within loan

PROVINCE OF BRITISH COLUMBIA

By:

...............................................................................
Authorized Signing Officer".

2 The Minister of Agriculture and Food, the Deputy Minister of Agriculture and Food and the following officers of the Ministry of Agriculture and Food, namely Bruce Hackett and S. W. Combs, each be, and hereby is, authorized to sign the guarantee.

 

[Provisions of the Agricultural Credit Act, R.S.B.C. 1996, c. 9, relevant to the enactment of this regulation: section 3]


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