17. (1) It is acknowledged that the health, education, housing and standards of living of the Inuvialuit need to be improved. Canada agrees to provide special funding as described in subsection (3) to contribute to the accomplishment of these social goals by the Inuvialuit.
17. (2) The Inuvialuit Social Development Program shall pertain to social concerns such as housing, health, welfare, mental health, education, elders and the maintenance of traditional practices and perspectives within the Inuvialuit Settlement Region.
17. (3) Canada shall establish a Social Development Fund and deposit therein Seven million five hundred thousand (7,500,000) dollars. The fund shall be incorporated, non-profit and tax exempt.
As amended by P.C. 1987-26, January 15, 1987
17. (4) The Social Development Fund shall be used with a view to satisfying the social concerns set out in subsection (2) and shall be administered by trustees designated by the Inuvialuit Regional Corporation from time to time. The Fund shall be administered by COPE until such time as the trustees are so designated.