Exemption Orders (Discretionary)
PHILLIPS, HAGER & NORTH U.S. GROWTH FUND
2001 BCSECCOM 808
IN THE MATTER OF THE SECURITIES ACT
R.S.B.C. 1996, c. 418
AND
IN THE MATTER OF PHILLIPS, HAGER & NORTH U.S. GROWTH FUND
Order Under Sections 45 and 74
[para 1]
WHEREAS an application has been made to the Executive Director on behalf of Phillips, Hager & North U.S. Growth Fund (the "Fund") for an order under sections 45(2)(4) and 74(2)(3) of the Securities Act, R.S.B.C. 1996, c. 418 that the Fund be designated as an exempt purchaser;
[para 2]
AND WHEREAS the Executive Director is satisfied that to do so would not be prejudicial to the public interest;
[para 3]
IT IS ORDERED under sections 45(2)(4) and 74(2)(3) of the Act that the Fund is designated as an exempt purchaser for the period from August 9, 2001 to August 8, 2002.
[para 4]
DATED August 9, 2001.
Derek E. Patterson
Manager