Industrial Milk and Cream Stabilization 1985-86 Regulations

SOR/85-546FARM INCOME PROTECTION ACT
Registration 1985-06-13
Regulations Respecting the Stabilization of the Price of Industrial Milk and Industrial Cream Delivered for Marketing for the Period Beginning on April 1, 1985 and Ending on March 31, 1986
P.C. 1985-1889  1985-06-13Her Excellency the Governor General in Council, on the recommendation of the Minister of Agriculture, pursuant to sections 8.2, 9, 10 and 11 of the Agricultural Stabilization ActFootnote *, is pleased hereby to make the annexed Regulations respecting the stabilization of the price of industrial milk and industrial cream delivered for marketing for the period beginning on April 1, 1985 and ending on March 31, 1986.
Return to footnote *S.C. 1974-75-76, c. 63Short Title

1 These Regulations may be cited as the Industrial Milk and Cream Stabilization 1985-86 Regulations.

Interpretation

2 In these Regulations, producer means a person who resides in Canada and produces industrial milk or industrial cream.

Prescribed Price

3 The prescribed price for industrial milk and industrial cream delivered for marketing for the period beginning on April 1, 1985 and ending on March 31, 1986 is the amount obtained by adjusting 124.17 per cent of the base price thereof by the index applicable thereto calculated in the manner set out in the Production Cost Index Regulations.

Payment to Producers

4 The Board may pay $301,000,000 to the Canadian Dairy Commission for the benefit of producers for the purpose of stabilizing the price of industrial milk and industrial cream at the prescribed price for industrial milk and industrial cream delivered for marketing for the period beginning on April 1, 1985 and ending on March 31, 1986.
SOR/86-686, s. 1.