RELATED PRODUCERS Sample Clauses
RELATED PRODUCERS. If you answered “YES” to any of the questions in Section 1.7 then you must complete Section 1.7.1 and 1.7.2. ✓ List all related producers who received an advance for this or previous program years, including advances issued by other APP Administrators. ✓ Attach a separate sheet, if required.
RELATED PRODUCERS. 1. Has a related producer a) applied for an APP advance in this program year or b) have an outstanding APP advance from a previous program year? YES NO
2. Is any related producer ineligible as a result of a default under APP, SCAP or ESCAP? YES NO
RELATED PRODUCERS. Relatedness affects an applicant’s eligibility to receive an advance, as well as the amount of an advance. Producers are related if they do not deal with each other at arm’s length. Producers are presumed to be related to another producer in any of the following circumstances:
1. One of the producers is the spouse or Common-Law Partner of the other producer;
2. One of the producers owns at least 25% of the voting shares of the other producer;
3. One of the producers owns at least 25% of the voting shares of a corporation that directly or through any other corporation owns 25% of the voting shares of the other producer;
4. One of the producers is entitled to 25% or more of the profits or revenues of the other producer;
5. The producer shares any management services, administrative services, equipment, facilities or overhead expenses of a farming operation with the other producer, but is not in partnership with that other producer; or
6. Any other circumstances set out in the Agricultural Marketing Programs Act or the Agricultural Program Marketing Regulations