4. A legal person or partnership referred to in section 4 of the Act that applies for a licence for the class of clinical activities to operate a centre for assisted procreation must
(1) be solvent;
(2) not, nor must any of its directors, have been found guilty of an offence against the Act in the 3 years preceding the application;
(3) not have been the holder of a licence that, in the 3 years preceding the application, was revoked or not renewed under section 32 of the Act;
(4) not, nor must any of its directors, have been found guilty of a criminal offence in connection with the performance of activities for which a licence is applied for in the 5 years preceding the application or, if so, a pardon was granted;
(5) not have any physician sitting on the board of directors or on the internal management board who has had his or her right to practise medicine limited or suspended or been temporarily struck off the roll in the 3 years preceding the application in connection with clinical activities related to the application;
(6) have a liability insurance contract in the amount of not less than $1,000,000 per claim providing coverage against the pecuniary consequences of the liability it may incur for fault or negligence committed while operating the centre for assisted procreation, and undertake to maintaining such a contract in force for the entire term of the licence; and
(7) have entered into a service agreement with an institution operating a hospital centre referred to in the Act respecting health services and social services (chapter S-4.2) or the Act respecting health services and social services for Cree Native persons (chapter S-5) so that a person who shows complications resulting from an assisted procreation activity may be directed there.