BCN 2001/40 - Streamlining - Renumbering of Instruments [BCN - Rescinded]

Over the past few months, the Commission has been streamlining its regulatory instruments by eliminating the outdated and less useful instruments and by renumbering the surviving ones.  By the end of June, we will have reissued all the surviving instruments under the 5-digit subject-based numbering system used for local instruments issued since mid-1999. See www.bcsc.bc.ca/policy/appendix.asp for an explanation of this system.

We are bringing the re-issued instruments up to date by correcting cross-references and making similar editorial amendments.  To date, we have re-issued 51 instruments (see BCN 2001/13, BCN 2001/19 and BCN 2001/28).

Appendix A lists the 24 instruments we are re-issuing today.  Appendix A includes 13 new Forms that replace existing Forms. The Executive Director’s specification of these forms is effective today, but the old forms can be used until July 1, 2001. 

The Commission is also rescinding Local Policy Statement 3-43 Government Strip Bonds as the guidance in that policy no longer seems to be necessary.  We are today issuing BCI 91-504, which replaces BOR91/12 and provides registration and prospectus relief for trades in government strip bonds.  The Executive Director is also specifying Form 91-504F, the IDA Form of Information Statement for Strip Bonds, as the required form.

Appendix B is a table of concordance showing all instruments re-issued under the new numbering system, including those re-issued before the streamlining project began.

May 31, 2001

Brent W. Aitken
Member 

Martin Eady
Acting Executive Director

This Notice may refer to other documents. These documents can be found at the B.C. Securities Commission public website at www.bcsc.bc.ca in the Commission Documents database or the Historical Documents database.