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Alberta Indigenous Opportunities Corporation Regulation 162/2019.

Country/Territory
Canada
Territorial subdivision
Alberta
Document type
Regulation
Date
2019 (2019)
Source
FAO, FAOLEX
Subject
Environment gen., Fisheries, Wild species & ecosystems
Keyword
Indigenous peoples Business/industry/corporations Financing
Geographical area
Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic
Abstract

The Corporation may only exercise the Corporation’s powers under section 2(6) of the Act if one or more indigenous groups are investing a total of at least $20 million in a specific natural resource project or related infrastructure. For the purposes of subsection (1), the amount of any direct investment by the Corporation in a natural resource project or related infrastructure shall be considered to be and shall be calculated as part of the total amount of indigenous group investment in the project or related infrastructure. The Corporation may, in carrying out the Corporation’s mandate, only make a grant or contribution in accordance with a grant program established by the Corporation and approved by the Minister. The Corporation shall not make a grant or contribution for the purpose of providing funds to purchase or invest in a natural 824; resource project or related infrastructure.

Full text
English
Website
www.canlii.org

References - Legislation

Implements

Alberta Indigenous Opportunities Corporation Act.

Legislation | Canada | 2019

Keyword: Indigenous peoples, Business/industry/corporations, Financing

Source: FAO, FAOLEX