T-11.01, r. 2 - Regulation respecting permits for acquirers of marine products

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4. A person applying for the issue or renewal of a permit shall furnish at the time of his application and shall keep for the duration of his permit a $50,000 guarantee in the form of security issued by a company legally authorized to provide surety or a letter of guarantee for the benefit of the Minister of Agriculture, Fisheries and Food.
O.C. 1313-87, s. 4.