16(1)The Council shall maintain adequate insurance coverage for the protection of the following:

16(2)The Crown in right of the Province may assume responsibility under subsection (1) for interest and risks of the Council respecting specified property of the Council or specified property entrusted to the Council.

16(3)If the Crown in right of the Province assumes responsibility as referred to in subsection (2), the Council shall not maintain insurance coverage for the protection of that property.

16(4)The Crown in right of the Province may indemnify the Council, on the terms and conditions it considers appropriate, for any money payable by the Council to or in respect of employees or other persons who are, by invitation, at buildings or other premises or places of, or entrusted to, the Council, as a result of liability incurred by the Council for injury to the employees or other persons.