BCN 2007/43 - Advance Notice of National Instrument 41-101 General Prospectus Requirements, Related Instruments and Consequential Amendments
This BC Notice announces the expected implementation of National Instrument 41-101
General Prospectus Requirements, its related forms and companion policy, effective March 17, 2008. The advance notice also announces consequential amendments to a number of other national and local instruments and policies, including the
Securities Rules.
The instrument and the consequential amendments, combined with amendments to the
Securities Act that were passed in Bill 20 - 2006 Securities Amendment Act, 2006, establish a new general prospectus requirement regime which is harmonized on a national basis. It consolidates existing local and national rules, forms, policies and notices related to prospectus issues for all issuers, including investment funds not subject to National Instrument 81-101
Mutual Fund Prospectus Disclosure. The new regime also harmonizes the general prospectus disclosure requirements with the short form prospectus system and continuous disclosure requirements.
