45-522 Exemption from Requirement to file Reports of Exempt Distribution [BCI - Rescinded]

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45-522 Exemption from Requirement to file Reports of Exempt Distribution [BCI - Rescinded]
Published April 22, 2004
Effective February 22, 2004
Rescinded/Lapsed September 28, 2009

The Commission, having considered that to do so would not be prejudicial to the public interest, orders that the attached BC Instrument 45-522 entitled “Exemption from Requirement to file Reports of Exempt Distribution” is made.


April 21, 2004



Douglas M. Hyndman
Chair

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(This part is for administrative purposes only and is not part of the Order)

Authority under which Order is made:
Act and sections:-187
Other (specify):- Rules, s.139
Interpretation
1.Terms defined in the SecuritiesAct, the Securities Rules or National Instrument 14-101 Definitions have the same meaning in this Instrument.

Exemption from filing reports
2. An issuer that distributes a security under section 74 (2) (8), (9), (10), (11) (i), (14), (24), (25) or (26) of the Act or section 128 (g) of the Rules is exempt from the requirements of section 139 (2) of the Rules.

Variation of filing deadline
3. Section 139 (5) of the Rules is varied to say “An issuer that distributes a security under section 74(2)(19) of the Act must file a report in the required form within 30 days after the end of the issuer’s financial year in which the distribution took place”.