Custom Farming Arrangements Custom Clause Samples

The 'Custom Farming Arrangements' clause defines the terms under which one party agrees to perform farming operations on behalf of another, typically for a fee or other compensation. This clause outlines the specific services to be provided, such as planting, cultivating, or harvesting crops, and may detail the responsibilities for supplying equipment, labor, and materials. By clearly allocating duties and expectations between the parties, the clause helps prevent misunderstandings and ensures that both sides are aware of their obligations, thereby facilitating smooth agricultural operations.
Custom Farming Arrangements Custom farming arrangements provide an alternative to leasing for those landowners who wish to remain classified as a farmer under The Income Tax Act. The arrangement allows a landowner to retain close control of the farm business, without becoming actively involved in the operation. Considerations:
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Custom Farming Arrangements Custom farming arrangements provide an alternative to leasing for those landowners who wish to remain classified as a farmer under The Income Tax Act. The arrangement allows a landowner to retain close control of the farm business, without becoming actively involved in the operation. Considerations: • The capital gains rollover provision can be preserved. • The capital gains exemption on farmland is maintained. • Contributions to AgriInvest and to the Canada Pension Plan can be made on these earnings. • The landowner assumes all risk. • All farm operations are arranged by the landowner. • Types of Agreements Custom Hiring Agreement - The landowner makes all the farming decisions, arranges for the completion of all field operations and pays for all crop inputs. The landowner also receives all the income from grain sales and agrees to pay the custom operator a basic lump sum fee by a specified date, plus a bonus (usually on a crop share or percent of profit basis). Joint Farming Venture Agreement - The landowner and custom farm operator are both considered to be farmers. The parties share the crop sales and input costs on a percentage basis (e.g., 50:50). Farming partnership agreement - The landowner receives all of the income from crop sales and pays a farmer a share (e.g., two-thirds). The customer operator pays for all of the crop inputs and equipment. • It is important to consult a lawyer, accountant or farm management specialist before entering into any custom farming agreement. Some agreements may not meet the income from farming criteria. IV.
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Custom Farming Arrangements Custom farming arrangements provide an alternative to leasing for those landowners who wish to remain classified as a ▇▇▇▇▇▇ under The Income Tax Act. The arrangement allows a landowner to retain close control of the farm business, without becoming actively involved in the operation. Considerations:  The capital gains rollover provision can be preserved.  The capital gains exemption on farmland is maintained.  Contributions to AgriInvest and to the Canada Pension Plan can be made on these earnings.  The landowner assumes all risk.  All farm operations are arranged by the landowner. 
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Related to Custom Farming Arrangements Custom

  • Working Arrangements (i) The former industry practice whereby all Employees on site working in direct sunlight were relocated to shaded or air- conditioned areas when the temperature reached 32°C, will no longer operate. (ii) At temperatures below 35°C workers are not to be relocated out of direct sunlight unless the work environment creates a serious risk to their health and safety, having regard to the nature of the tasks being undertaken, provided that the task or activity being performed is completed and the penalty provisions as for emergency work under the Award shall apply. (iii) Once the temperature reaches 35°C work will cease, and workers may leave the site, provided that the task or activity being performed is completed and the penalty provisions as for emergency work under the Award shall apply. (iv) During periods of hot weather, work in air-conditioned environments shall continue as normal. Workers will walk a reasonable distance through the open to and from amenities and the air-conditioned workspace, provided it does not pose a serious threat to their health or safety. Alternatively, where the Employer can artificially ventilate covered spaces onsite and reduce the temperature to below 35°C, work may continue as normal subject to consultation and agreement with affected Employees to comply with the provisions of this clause. (v) By agreement with the OH&S committee and head contractor during periods of Inclement Weather (heat) the Saturday break roster can be applied to weekday work.

  • Flexible Working Arrangement (a) The Parties recognise the importance of flexible working arrangements and the right of Employees to make requests under section 65 of the Fair Work Act for flexible working arrangements. An Employee may request a flexible working arrangement if any of the following circumstances apply to the Employee: (i) the Employee is pregnant; (ii) the Employee is the parent, or has responsibility for the care, of a child who is of school age or younger; (iii) the Employee is a carer (within the meaning of the Carer Recognition Act 2010); (iv) the Employee has a disability; (v) the Employee is 55 or older; (vi) the Employee is experiencing violence from a member of the Employee’s family; (vii) the Employee provides care or support to a member of the Employee’s immediate family, or a member of the Employee’s household, who requires care or support because the member is experiencing violence from the member’s family.