2011 BILL 23

	23


Fourth Session, 46th General Assembly 60 Elizabeth II, 2011
BILL 23
AN ACT TO AMEND THE CROP INSURANCE ACT AND THE LIVESTOCK INSURANCE ACT
Received and Read the First Time...................................................................................................
Second Reading.................................................................................................................................
Committee............................................................................................................................................
Third Reading.....................................................................................................................................
Royal Assent......................................................................................................................................
HONOURABLE SHAWN SKINNER Minister of Natural Resources
Ordered to be printed by the Honourable House of Assembly

EXPLANATORY NOTES

This Bill would amend the Crop Insurance Act to clarify that advances for working capital may be made to the Newfoundland and Labrador Crop Insurance Agency in each financial year and to clarify the timing of the appeal mechanism provided for in that Act.

The Bill would amend the Livestock Insurance Act to clarify that advances for working capital may be made to the Livestock Owners Compensation Board in each financial year.

A BILL

AN ACT TO AMEND THE CROP INSURANCE ACT AND THE LIVESTOCK INSURANCE ACT

Analysis

CROP INSURANCE ACT

1. S.10.1 Amdt.
Appeals

2. S.12 Amdt.
Establishment of fund

LIVESTOCK INSURANCE ACT

3. S.13 Amdt.
Fund continued

Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

CROP INSURANCE ACT

RSNL1990 cC-39 as amended

1. Subsection 10.1(1) of the Crop Insurance Act is repealed and the following substituted:

Appeals

10.1 (1) An insured person may file an appeal in respect of

(a) an act of the agency, its officers or agents, within 14 days of the disputed act; and

(b) a finding, order or decision of the agency, its officers or agents, within 14 days of receiving notice of the finding, order or decision.

2. Subsection 12(2) of the Act is repealed and the following substituted:

(2) The Minister of Finance, with the approval of the Lieutenant-Governor in Council and on the written requisition of the minister, may advance to the agency for use as working capital those sums that may be stated in the requisition, but the total advances made in each financial year under this subsection shall not exceed $100,000.

LIVESTOCK INSURANCE ACT

RSNL1990 cL-23
as amended

3. Subsection 13(2) of the Livestock Insurance Act is repealed and the following substituted:

(2) The Minister of Finance, with the approval of the Lieutenant-Governor in Council and on the written request of the minister, may advance to the board for use as working capital those sums that may be stated in the requisition, but the total advances made in each financial year under this subsection shall not exceed $50,000.