Atlantic Enterprise Loan Insurance Regulations (SOR/86-524)

9 (1) An applicant requiring insurance under these Regulations in order to obtain a loan from a lender shall apply in writing to the Minister and shall provide a detailed description of the project or Atlantic project and any other information relating to the application that is necessary in order for the Minister to effectively evaluate the application.

(2) Where an application for insurance is approved by the Minister, the Minister shall enter into a loan insurance agreement with the lender.