Document ID: chunk:federal_register_of_legislation:C2024C00824:section:19
Version: federal_register_of_legislation:C2024C00824
Segment Type: section
Provision Reference: s 19
Character Range: 35950–36514

19  Tender guarantees and performance guarantees
 (1) EFIC may enter into a contract under which an indemnity or guarantee is given to a person in relation to a tender or proposed tender for, or in relation to the performance of, a contract or proposed contract that is, or will be:
 (a) an export contract; or
 (b) either in whole or in part, an eligible export transaction; or
 (c) a contract associated with such a transaction.
 (2) Subsection (1) applies to a contract which, however expressed and in whatever form, is in substance an indemnity or guarantee.