Section 1 definition of "specified farm income plan" BEFORE amended by BC Reg 241/2017, effective December 19, 2017.
"specified farm income plan" means a plan continued under section 2 or established under section 3;
Section 2 (1) (part) BEFORE amended by BC Reg 112/2014, effective June 18, 2014.
(1) The Whole Farm Insurance Program (WFIP) specified farm income plan is continued, the terms and conditions for which are contained in the following documents, copies of which are on file with the Deputy Minister of Agriculture and Lands:
Section 2 (2) BEFORE amended by BC Reg 112/2014, effective June 18, 2014.
(2) The minister responsible for the administration of the Farm Income Insurance Act may modify the terms and conditions of the Whole Farm Insurance Program and any modification must be kept on file with the Deputy Minister of Agriculture and Lands.
Section 3 BEFORE amended by BC Reg 112/2014, effective June 18, 2014.
Terms and conditions of other specified farm income plans
3 (1) The following are established as specified farm income plans:
(a) the Canadian Farm Income Program (CFIP), the terms and conditions for which are contained in the Federal-Provincial Agreement Establishing the Canadian Farm Income Program, signed by the minister on March 8, 2001, a copy of which is on file with the Deputy Minister of Agriculture and Lands;
(b) the Canadian Agricultural Income Stabilization Program (CAISP), the terms and conditions for which are contained in Annex A — Federal/Provincial Agreement Re-Establishing the Net Income Stabilization Account (NISA) Program of the Canada-British Columbia Implementation Agreement, Agriculture Policy Framework, signed by the minister on June 13, 2003, a copy of which is on file with the Deputy Minister of Agriculture and Lands;
(c) the Whole Farm Negative Margin Insurance Program (NMI), the terms and conditions for which are contained in the British Columbia Negative Net Margin Insurance (NMI) Pilot Program - 2001-2003 Policy Wording and the Canada British Columbia Agreement Establishing the Negative Net Margin Insurance Pilot Program, signed by the minister on March 30, 2001, a copy of which is on file with the Deputy Minister of Agriculture and Lands;
(d) the Zero Out Net Margin Program (ZNMP), the terms and conditions for which are contained in the Canada-British Columbia Agreement to "Zero Out" Negative Margins in the CFIP reference Period, signed by the minister on March 30, 2001, a copy of which is on file with the Deputy Minister of Agriculture and Lands;
(e) the Agriculture Income Disaster Assistance Program (AIDA), the terms and conditions for which are contained in the Federal-Provincial Agreement Establishing the Agricultural Income Disaster Assistance Program, signed by the minister on December 22, 1999, a copy of which is on file with the Deputy Minister of Agriculture and Lands;
(f) the AgriStability Program, the terms and conditions for which are contained in Annex A of Part III of the Growing Forward Framework Agreement, signed by the minister on April 1, 2009, a copy of which is on file with the Deputy Minister of Agriculture and Lands;
(g) the AgriInvest Program, the terms and conditions for which are contained in Annex A of Part III of the Growing Forward Framework Agreement, signed by the minister on April 1, 2009, a copy of which is on file with the Deputy Minister of Agriculture and Lands.
(2) The minister responsible for the administration of the Farm Income Insurance Act and the minister responsible for the administration of the Farm Income Protection Act (Canada) may modify, in accordance with the procedures set out in the applicable federal provincial agreement, the terms and conditions of a specified farm income plan under this section and any modification must be kept on file with the Deputy Minister of Agriculture and Lands.
[am. B.C. Reg. 203/2011, ss. 2 to 4.]
Section 3 (2) BEFORE amended by BC Reg 241/2017, effective December 19, 2017.
(2) The minister and the minister responsible for the administration of the Farm Income Protection Act (Canada) may modify, in accordance with the procedures set out in the applicable federal provincial agreement, the terms and conditions of a specified farm income plan under this section and any modification must kept on file with a deputy minister to the minister.
Section 3 (1) (f) and (g) BEFORE amended by BC Reg 47/2018, effective April 1, 2018.
(f) The AgriStability Program, the terms and conditions for which are contained in Annex A of Part III of Growing Forward: A Federal-Provincial-Territorial Framework Agreement on Agriculture, Agri-Food and Agri-Based Products Policy, signed by the minister on December 12, 2012, a copy of which is on file with a deputy minister of the minister;
(g) the AgriInvest Program, the terms and conditions for which are contained in Annex A of Part III of Growing Forward: A Federal-Provincial-Territorial Framework Agreement on Agriculture, Agri-Food and Agri-Based Products Policy, signed by the minister on December 12, 2012, a copy of which is on file with a deputy minister of the minister.
Section 3 (1) (f) and (g) BEFORE amended by BC Reg 107/2023, effective April 24, 2023.
(f) the AgriStability Program, the terms and conditions for which are contained in Annex A of Part III of the Canadian Agricultural Partnership: A Federal-Provincial-Territorial Framework Agreement on Agriculture, Agri-Food and Agri-Based Products Policy, signed by the minister on January 2, 2018, a copy of which is on file with a deputy minister of the minister;
(g) the AgriInvest Program, the terms and conditions for which are contained in Annex A of Part III of the Canadian Agricultural Partnership: A Federal-Provincial-Territorial Framework Agreement on Agriculture, Agri-Food and Agri-Based Products Policy, signed by the minister on January 2, 2018, a copy of which is on file with a deputy minister of the minister.
Section 3.1 (1) BEFORE amended by BC Reg 13/2020, effective January 30, 2020.
(1) The British Columbia AgriStability Enhancement Program (BCAEP) is established as a specified farm income plan, the terms and conditions for which are contained in the document entitled British Columbia AgriStability Enhancement Program Guidelines — 2017 Taxation Year, a copy of which is on file with a deputy minister to the minister.
Section 4 (2) (b) BEFORE amended by BC Reg 241/2017, effective December 19, 2017.
(b) to pay, in accordance with the terms and conditions of a specified farm income plan continued under section 2 or established under section 3, the administrators retained to administer the specified farm income plan;