For-Profit Activity

Under the FAL, Council must create a policy to make sure all risks involved in carrying on for-profit activities in the First Nation are limited or managed.

This policy includes the steps for the following:

  • identifying any risks with carrying out a presented for-profit activity
  • taking the steps needed to limit or manage the risks to the First Nation
  • making sure any for-profit activities are being done in support of the rules and standards of the FAL
  • getting the approvals needed to do the for-profit activity
  • tracking any approved for-profit activity

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