33-508 - Exemption from sections 16 and 73 of the Securities Rules - Registrant Ownership [BCI- Rescinded]
| Published Date: | 2003-04-16 |
|---|---|
| Effective Date: | 2003-04-16 |
| Rescinded Date: | 2009-09-28 |
BC INSTRUMENT 33-508
The British Columbia Securities Commission, having considered it to be in the public interest, orders that the attached BC Instrument 33-508 entitled “Exemption from sections 16 and 73 of the Securities Rules - Registrant Ownership” is made.
April 16, 2003
Douglas M. Hyndman
Chair
________________________________________________________________
(This part is for administrative purposes only and is not part of the Order)
Authority under which Order is made:
Act and sections:- SecuritiesAct, section 48(1)
Other (specify):-
BC INSTRUMENT 33-508
Exemption from sections 16 and 73 of the Securities Rules - Registrant Ownership
Order under section 48(1) of theSecurities Act
1. A registrant that is a member of the Investment Dealers Association of Canada (IDA) or the Mutual Fund Dealers Association of Canada (MFDA) is exempt from sections 16(1) and 73(1) of the SecuritiesRules.
2. A registrant that is not a member of the IDA or MFDA is exempt from:
(a) section 16(1) of the Securities Rules for an interest in a member of the IDA or MFDA; and
(b) section 73(1) of the Securities Rules for acquisition of its securities by a member of the IDA or MFDA.