Exemption Orders (Discretionary)

PHILLIPS, HAGER & NORTH GLOBAL EQUITY FUND


2001 BCSECCOM 1130



ORDER UNDER SECTIONS 45 AND 74 OF THE SECURITIES ACT, R.S.B.C. 1996, c.418

PHILLIPS, HAGER & NORTH GLOBAL EQUITY FUND

Background

[para 1]
Fund applied to be designated as an exempt purchaser;

Order

[para 2]
Because it is not prejudicial to the public interest, the Executive Director orders, under sections 45(2)(4) and 74(2)(3) of the Act, that Fund be designated as an exempt purchaser from November 29, 2001 to November 28, 2002.

[para 3]
DATED November 29, 2001




Derek E. Patterson
Manager