Thank you, Mr. Chair.
My question is for Mr. McCauley.
Subclause 24(1) requires that the insurance policy be approved by the minister. Subclause 24(2) states this:
(2) The Minister may enter into an agreement with the operator that authorizes that a portion of the financial security be alternate financial security.
What more does that do, Mr. McCauley? Does it provide additional security? The minister already has to approve the insurance company and the insurance. Does he also have to approve the alternate security?