Interprovincial Milk Quota Regulations (N.S. Reg. 4/2003)

Interprovincial Milk Quota Regulations made under Section 10 of the Dairy Industry Act S.N.S. 2000, c. 24 O.I.C. 2003-1 (January 16, 2003), N.S. Reg. 4/2003 Citation 1 These regulations may be cited as the Interprovincial Milk Quota Regulations. Interpretation 2 In these regulations, terms referring to the system of quotas for the supply of milk by producers to processors in Nova Scotia have the same meaning as set out in Total Production Quota Regulations. Council authorizes exchange 3 The Council authorizes the participation of the Board in an interprovincial milk quota exchange with milk control agencies in one or more provinces of Canada outside of Nova Scotia subject to the conditions set out in these regulations. Quota base 4 The total Nova Scotia base of quota for the purpose of the exchange shall be 100% of the total production quota issued in Nova Scotia as at August 1, 2002, and expressed in kilograms of butterfat. Limits on quota movement 5 If the cumulative net movement of quota out of Nova Scotia, comprising cumulative sales less cumulative purchases, and expressed in kilograms of butterfat, exceeds 5% of the total production quota issued as at August 1, 2002, the Board shall automatically cease to participate in the exchange.