Regulations
7(1)The Lieutenant-Governor in Council may make regulations
(a)
Repealed: 2016, c.28, s.43
(a.1)
Repealed: 2016, c.28, s.43
(b)
notwithstanding the definition of “fisheries” prescribing commercial or business activities ancillary to the fishing industry that may or may not be granted financial assistance under subsection 3(1) of this Act;
(b.1)
despite the definition of “aquaculture”, prescribing commercial or business activities ancillary to the aquaculture industry that may or may not be granted financial assistance under subsection 3(2);
(c)
prescribing the manner of making an application for financial assistance for the purposes of subsection 5(1);
(d)
Repealed: 2016, c.28, s.43
(e)
prescribing the conditions on which a fisher or aquaculturist may sell or transfer assets in respect of which a loan or guaranteed loan has not been fully repaid;
(f)
prescribing or limiting the size or type of boats or assets for or in respect of which loans, guarantees or grants may be made;
(g)
prescribing the amount of financial assistance for the purposes of subsection 5(2);
(g.1)
prescribing the amount of financial assistance for the purposes of subsection 5(4);
(h)
respecting records to be kept by fishers and aquaculturists with respect to any financial assistance given;
(i)
respecting the inspection of records, books of account and other records that may be inspected by persons authorized by the Minister for the purpose of determining whether any terms and conditions of any loan, grant or guarantee are being complied with;
(j)
fixing the rate of interest on loans;
(k)
Repealed: 2016, c.28, s.43
(l)
prescribing the form of security for the purposes of subsection 5.1(1);
(m)
prescribing the purposes for which financial assistance may be provided by the Minister under subsection 3(1) and 3(2);
(m.1)
prescribing types of financial assistance for the purposes of subsection 9(1);
(n)
prescribing the amount of annual charges and the terms and conditions of payment for the purposes of subsection 9(1);
(o)
authorizing the Minister in certain circumstances to provide financial assistance in accordance with specified terms and conditions that the Minister considers advisable;
(o.1)
defining any word or expression used in but not defined in this Act, for the purposes of this Act, the regulations, or both;
(p)
Repealed: 2016, c.28, s.43
(q)
generally for the better administration and carrying out of the purposes and intent of this Act, whether or not such matter is of the kind enumerated in this section.
7(2)A regulation made under paragraph (1)(
n) may be retroactive to February 15, 2003, or to any date after February 15, 2003.
1982, c.3, s.30; 1983, c.9, s.2; 2007, c.15, s.2; 2009, c.36, s.5; 2016, c.28, s.43