Alberta Investment Attraction Regulation

(no amdt) alberta regulation 18/2021 Alberta Investment Attraction Act ALBERTA INVESTMENT ATTRACTION REGULATION Authorized indemnities 1 (1) This Regulation identifies indemnities that the Corporation may provide in addition to those authorized by section 9(1) of the Act. (2) The Corporation may, under section 9(3)(b) of the Act, provide an indemnity if the indemnity is in writing and is ancillary and incidental to the business purpose of an agreement involving the Corporation and that agreement is of a kind where no liability under the indemnity is likely, based on the historical experience of giving similar indemnities, to arise in the normal course of the performance of the agreement if the agreement is properly performed.