Document ID: chunk:federal_register_of_legislation:F2018L01091:reg:6
Version: federal_register_of_legislation:F2018L01091
Segment Type: reg
Provision Reference: reg 6
Character Range: 2201–2803

6  Maximum contingent liability under Part 4 of the Act
 (1) For the purposes of paragraph 68(1)(a) of the Act, the amount prescribed for contracts entered into and guarantees given under Part 4 of the Act (other than contracts of insurance entered into under section 22) is $2.5 billion.
Note: Section 8 provides for the conversion of amounts in foreign currency.
 (2) For the purposes of paragraph 68(1)(b) of the Act, the amount prescribed for contracts of insurance entered into under section 22 of the Act is $1 billion
Note: Section 8 provides for the conversion of amounts in foreign currency.