Agriculture committee  It's done on a prorated basis. The act would say that essentially the court would take over those assets or appoint somebody to take over the assets and the money would be distributed on a prorated basis, so that they would get a portion relative to the amount of debt owing to each of them.

Agriculture committee  Maybe we can boil it down to a very simple situation. We have our buyer, who has resold to someone else who, for one reason or another, hasn't paid that buyer. That is an account receivable owing to the buyer. Of course, if that account receivable is worth nothing because of the insolvency or bankruptcy of the person who dealt with our buyer, then, of course, there's no asset.

Agriculture committee  Thank you. Mr. Chairperson and members of Parliament, you will be aware that I appear before the committee, as requested by the chairperson, as a result of my role as the originator and drafter of the proposed fresh fruit and vegetable products protection act. You'll also be aware that I was retained to develop the proposed act by Mr.