BCN 2005/53 - Notice of adoption of BC Instrument 45-524 Registration and Prospectus Exemption for Certain Capital Accumulation Plans and publication for comment of Proposed amendments to National Instrument 45-106 Prospectus and Registration Exemptions to incorporate the capital accumulation plans exemption [BCN - Lapsed]
| Published Date: | 2005-10-21 |
|---|---|
| Rescinded Date: | 2012-05-31 |
| Related Document(s): |
Concurrently Published:
- 45-106 - Prospectus and Registration Exemptions [NI - Rescinded]
- 45-524 - Registration and Prospectus Exemption for Certain Capital Accumulation Plans [BCI]
In the attached notice, the Commission announces the adoption of interim BC Instrument 45-524 Registration and Prospectus Exemption for Certain Capital Accumulation Plans (BC Instrument 45-524) and the Canadian Securities Administrators announce the publication for comment of proposed amendments to National Instrument 45-106 Prospectus and Registration Exemptions to incorporate the registration and prospectus exemption for capital accumulation plans into rule.
We are adopting BC Instrument 45-524 on an interim basis, to allow capital accumulation plan sponsors, mutual fund companies, and others who might be providing service to a capital accumulation plan that would otherwise require registration, or who are distributing mutual fund securities to be able to use the registration and prospectus exemption for capital accumulation plans now. If we adopt the amendments to National Instrument 45-106, we will rescind BC Instrument 45-524.
October 21, 2005
Brent W. Aitken
Vice Chair
Ref: National Instrument 45-106 Prospectus and Registration Exemptions
BC Instrument 45-524 Registration and Prospectus Exemption for Certain Capital Accumulation Plans
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 Policies & Instruments or Historical Policies & Instruments sections of the website.