Act or the regulations, or 2009 Section 7 (RSA 2000 cF-11.1)

RSA 2000 cF-11.1

Alberta — Consolidated Statutes

© Published by Alberta King’s Printer Alberta King’s Printer Suite 700, Park Plaza 10611 - 98 Avenue Edmonton, AB T5K 2P7 Phone: 780-427-4952 E-mail: kings-printer@gov.ab.ca Shop on-line at kings-printer.alberta.ca Province of Alberta Office Consolidation Statutes of Alberta, 2009

Chapter F-11.1 Current as of June 11, 2025 FEEDER ASSOCIATIONS GUARANTEE ACT

Copyright and Permission Statement The Government of Alberta, through the Alberta King’s Printer, holds copyright for all Alberta legislation. Alberta King’s Printer permits any person to reproduce Alberta’s statutes and regulations without seeking permission and without charge, provided due diligence is exercised to ensure the accuracy of the materials produced, and copyright is acknowledged in the following format: © Alberta King’s Printer, 20__.* *The year of first publication of the legal materials is to be completed.

Note All persons making use of this consolidation are reminded that it has no legislative sanction, that amendments have been embodied for convenience of reference only. The official Statutes and Regulations should be consulted for all purposes of interpreting and applying the law. Regulations The following is a list of the regulations made under the Feeder Associations Guarantee Act that are filed as Alberta Regulations under the Regulations Act Alta. Reg.

Amendments Feeder Associations Guarantee Act Feeder Associations Guarantee ...................... 13/2012 ........... 62/2013, 140/2014, 157/2014, 137/2016, 195/2018, 99/2023

1 FEEDER ASSOCIATIONS GUARANTEE ACT

Chapter F-11.1 Table of Contents 1

Definitions 2 Guarantee 3 Incorporation requirement 4 Purpose requirement 5 Maximum liability 6 Prohibition re advances 7 Security deposit 8 Subrogation of rights 9 Powers 1 0 Delegation and identification 1 1 Regulations 1 2 Repeal 1 3 Coming into force HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows:

Definitions 1 In this Act, (a) “feeder association” means a n association that enters into agreements with its members for the members to grow, finish or otherwise deal with livestock or livestock products owned by the feeder association; (b) “guarantee” means a guaran tee given under this Act; (c) “guaranteed loan” means a l oan to a feeder association in respect of which a guarantee is given; (d) “livestock” means cattle, s heep or any another animals specified in the regulations;

Section 2

Chapter F-11.1 2 FEEDER ASSOCIATIONS GUARANTEE ACT (e) “Minister” means the Minist er determined under

section 16 of the Government Organization Act as the Minister responsible for this Act; (f) “personal information” mea ns personal information as defined in the Protection of Privacy Act. 2009 cF-11.1 s1;AR 141/2025 Guarantee 2(1) The Lieutenant Governor in Council, on the recommendation of the Minister, may by order authorize the President of Treasury Board and Minister of Finance to give guarantees on behalf of the Government with respect to loans made to feeder associations.

(2) The President of Treasury Board and Minister of Finance may give a guarantee with respect to a loan made to a feeder association (

a) if authorized by an order referred to in subsection (1), and (

b) subject to the requirements of this Act and the regulatio ns. 2009 cF-11.1 s2;2013 c10 s33 Incorporation requirement 3 A guaranteed loan may only be made to a feeder association that is incorporated under

an Act of the Legislature. Purpose requirement 4 A guaranteed loan may only be used by a feeder association for a purpose provided for in the regulations. Maximum liability 5(1) The Lieutenant Governor in Council shall, in an order made under

section 2, set out the maximum amount of the total outstanding contingent liability of the Crown as a result of the guarantees.

(2) The Minister shall, with the consent of the President of Treasury Board and Minister of Finance, set the maximum amount of the total outstanding contingent liability of the Crown as a result of a guarantee in respect of a specific feeder association. 2009 cF-11.1 s5;2013 c10 s33 Prohibition re advances 6(1) The Minister may, by order, prohibit further advances under a guaranteed loan made to a feeder association if the Minister is of the opinion that the feeder association (

a) is not complying with this Act or the regulations, or

Section 7

Chapter F-11.1 3 FEEDER ASSOCIATIONS GUARANTEE ACT (

b) is being operated in an unsound manner.

(2) The Minister shall immediately deliver or send by registered mail a copy of the order to (

a) the feeder association, (

b) the lender, and (

c) the President of Treasury Board and Minister of Finance.

(3) Any advances made by a lender after the order is delivered to or received by the lender and before the order is rescinded are not guaranteed.

(4) The Minister may, with the consent of the President of Treasury Board and Minister of Finance, rescind an order made under this section. 2009 cF-11.1 s6;2013 c10 s33 Security deposit 7 A feeder association shall maintain an account as security for a guaranteed loan with the lender in accordance with the regulations. Subrogation of rights 8(1) If the President of Treasury Board and Minister of Finance makes a payment to a lender in respect of a default by a feeder association under a guaranteed loan, the President of Treasury Board and Minister of Finance is subrogated, with respect to the amount of that payment, (

a) to all the rights of the lender under any security or negotiable instruments given to the lender by the feeder association, (

b) to any action that the len der has against the feeder association, (

c) to all rights of the feed er association under any security or negotiable instruments given to the feeder association by any of its members, and (

d) to any action that the feede r association has against any of its members.

(2) A payment made by the President of Treasury Board and Minister of Finance under a guarantee on account of a default by a feeder association does not affect any liability of or security given by the feeder association under the guaranteed loan and,

Section 9

Chapter F-11.1 4 FEEDER ASSOCIATIONS GUARANTEE ACT notwithstanding that a payment was made under the guarantee, the liability of and the security given, if any, by the feeder association (

a) remains and continues in full force and effect, and (

b) may be enforced against t he feeder association by the President of Treasury Board and Minister of Finance. 2009 cF-11.1 s8;2013 c10 s33 Powers 9(1) The Minister may, for the purpose of administering this Act and the regulations under this Act, (

a) enter a place where the Mini ster reasonably believes that livestock or livestock products in respect of which a guaranteed loan was given are being or have been grown, finished or otherwise dealt with, (

b) enter a place where the Mi nister reasonably believes the records of a lender or a feeder association are kept, (

c) review the operations of a feeder association, (

d) inspect livestock and livestock products, (

e) inspect the records of the lender or a feeder association and make copies of or excerpts from the records, (

f) remove the records of a lender or feeder association from the place where they are kept, in which case a receipt must be provided and the records returned in a reasonable time, and (

g) require a person to provide the Minister with information, including personal information, in the form and manner required by the Minister.

(2) Despite subsection (1)(

a) and (b), the Minister may not enter a private residence without a court order unless the occupant consents.

(3) A person shall not obstruct the Minister in the carrying out of a power under subsection (1) and shall provide reasonable assistance to the Minister. Delegation and identification 10(1) The Minister shall provide identification to any person who carries out the Minister’s powers under

section 9(1).

Section 11

Chapter F-11.1 5 FEEDER ASSOCIATIONS GUARANTEE ACT

(2) A person carrying out a power of the Minister under

section 9(1) shall produce the identification on request. Regulations 11 The Lieutenant Governor in Council may make regulations respecting the administration of this Act (

a) without being limited by cla uses (

b) to (j), respecting the requirements that must be met in order for the President of Treasury Board and Minister of Finance to guarantee a loan; (

b) respecting the purposes for which a guaranteed loan may be made; (

c) respecting how the proceeds of a guaranteed loan may be used; (

d) respecting the records to b e kept by a lender or a feeder association; (

e) governing the operation of a feeder association that is t he recipient of a guaranteed loan, including but not limited to (

i) the requirements that must be met to be a member of a feeder association; (ii) the terms and conditions u nder which livestock may be purchased or sold, and (iii) the dealings between the feeder association and its members; (

f) respecting the operation, including the suspension, of an account referred to in

section 7; (

g) respecting forms; (

h) specifying animals for th e purpose of

section 1(d); (

i) respecting the collection, u se and disclosure of information under this Act; (

j) defining words or phrases u sed but not defined in this Act; (

k) generally for carrying out the purpose and intent of this Act. 2009 cF-11.1 s11;2013 c10 s33

Section 12

Chapter F-11.1 6 FEEDER ASSOCIATIONS GUARANTEE ACT Repeal 12 The Feeder Associations Guarantee Act, RSA 2000 cF-11, is repealed. Coming into force 13 This Act comes into force on Proclamation. (NOTE: Proclaimed in force October 28, 2010.)

Printed on Recycled Paper *9780779854837*

Document details

Collection	Alberta — Consolidated Statutes
Citation	RSA 2000 cF-11.1
Type	statute
Volume / chapter	RSA 2000 cF-11.1
Language	en
Format	pdf
Source	PROVINCIAL
Identifier	9ad536fa6db579fa8fa13fa6eb4653a59a4be3f9

Source file is stored in the law ingest library (pdf).