﻿<?xml version="1.0" encoding="utf-8"?><Regulation lims:pit-date="2006-03-22" lims:lastAmendedDate="2006-03-22" lims:current-date="2019-06-21" lims:inforce-start-date="2006-03-22" lims:fid="600125" lims:id="600125" regulation-type="SOR" xml:lang="en" xmlns:lims="http://justice.gc.ca/lims"><Identification lims:inforce-start-date="2006-03-22" lims:fid="600126" lims:id="600126"><InstrumentNumber>C.R.C., c. 968</InstrumentNumber><ConsolidationDate lims:inforce-start-date="2006-03-22"><Date><YYYY>2019</YYYY><MM>6</MM><DD>22</DD></Date></ConsolidationDate><EnablingAuthority lims:inforce-start-date="2006-03-22" lims:fid="600128" lims:id="600128"><XRefExternal reference-type="act" link="I-9.2">DEPARTMENT OF INDUSTRY ACT</XRefExternal><XRefExternal reference-type="act">APPROPRIATION ACT NO. 2, 1977</XRefExternal><XRefExternal reference-type="act" link="Z-01">APPROPRIATION ACTS</XRefExternal></EnablingAuthority><ShortTitle lims:inforce-start-date="2006-03-22" lims:fid="600129" lims:id="600129">Consolidated Computer Inc. Enterprise Development Regulations</ShortTitle><LongTitle lims:inforce-start-date="2006-03-22" lims:fid="600130" lims:id="600130">Regulations Respecting Enterprise Development Program Assistance to Consolidated Computer Inc.</LongTitle></Identification><Body lims:inforce-start-date="2006-03-22" lims:fid="600131" lims:id="600131"><Heading lims:inforce-start-date="2006-03-22" lims:fid="600132" lims:id="600132" level="1"><TitleText>Short Title</TitleText></Heading><Section lims:inforce-start-date="2006-03-22" lims:lastAmendedDate="2006-03-22" lims:fid="600133" lims:id="600133"><Label>1</Label><Text>These Regulations may be cited as the <XRefExternal reference-type="regulation" link="C.R.C.,_c._968">Consolidated Computer Inc. Enterprise Development Regulations</XRefExternal>.</Text></Section><Heading lims:inforce-start-date="2006-03-22" lims:fid="600134" lims:id="600134" level="1"><TitleText>Interpretation</TitleText></Heading><Section lims:inforce-start-date="2006-03-22" lims:lastAmendedDate="2006-03-22" lims:fid="600135" lims:id="600135"><Label>2</Label><Text>In these Regulations, all words and expressions have the same meaning as in the <XRefExternal reference-type="regulation" link="C.R.C.,_c._969">Enterprise Development Regulations</XRefExternal>.</Text></Section><Heading lims:inforce-start-date="2006-03-22" lims:fid="600136" lims:id="600136" level="1"><TitleText>Special Loans</TitleText></Heading><Section lims:inforce-start-date="2006-03-22" lims:lastAmendedDate="2006-03-22" lims:fid="600137" lims:id="600137"><Label>3</Label><Subsection lims:inforce-start-date="2006-03-22" lims:fid="600138" lims:id="600138"><Label>(1)</Label><Text>Notwithstanding subsection 35(1) of the <XRefExternal reference-type="regulation" link="C.R.C.,_c._969">Enterprise Development Regulations</XRefExternal>, the Board may, under section 28 of those Regulations, provide insurance in an amount not exceeding 99 per cent of the amount of loans, not exceeding $30 million in the aggregate, made by private lenders for the purpose of facilitating the leasing of computer products manufactured by Consolidated Computer Inc., a corporation incorporated under the laws of the Province of Ontario and having its head office in the City of Toronto in that Province.</Text></Subsection><Subsection lims:inforce-start-date="2006-03-22" lims:fid="600139" lims:id="600139"><Label>(2)</Label><Text>Notwithstanding section 38 of the <XRefExternal reference-type="regulation" link="C.R.C.,_c._969">Enterprise Development Regulations</XRefExternal>, where a private lender has demanded repayment of a loan described in subsection (1) of these Regulations in respect of which insurance has been provided under section 28 of the <XRefExternal reference-type="regulation" link="C.R.C.,_c._969">Enterprise Development Regulations</XRefExternal>, prior to the maturity of that loan, the amount payable by Her Majesty to the private lender shall not exceed the lesser of</Text><Paragraph lims:inforce-start-date="2006-03-22" lims:fid="600140" lims:id="600140"><Label>(a)</Label><Text>the amount of insurance in effect on the date of such demand; and</Text></Paragraph><Paragraph lims:inforce-start-date="2006-03-22" lims:fid="600141" lims:id="600141"><Label>(b)</Label><Text>99 per cent of the loss incurred by the private lender.</Text></Paragraph></Subsection></Section></Body></Regulation>