BCN 2008/23 - Advance Notice Adoption of amendments to National Instrument 51-102 Continuous Disclosure Obligations and related consequential amendments and Adoption of amendments to National Instrument 52-108 Auditor Oversight [BCN - Lapsed]
| Published Date: | 2008-04-18 |
|---|---|
| Rescinded Date: | 2012-07-13 |
| Related Document(s): |
Concurrently Published:
- 51-102 - Continuous Disclosure Obligations [NI Amendment Advance Notice - Lapsed]
- 51-102CP - Continuous Disclosure Obligations [CP Amendment Advance Notice - Lapsed]
- 51-102F3 - Material Change Report [F Amendment Advance Notice - Lapsed]
- 52-108 - Auditor Oversight [NI Amendment Advance Notice - Lapsed]
- 52-110CP - Audit Committees [CP Amendment Advance Notice - Lapsed]
- 81-106 - Investment Fund Continuous Disclosure [NI Amendment Advance Notice - Lapsed]
Effective July 4, 2008, the Commission, together with the other Canadian Securities Administrators (CSA), is adopting amendments to
- National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102)
- Form 51-102F3 Material Change Report
- Companion Policy 51-102CP
- National Instrument 52-108 Auditor Oversight (NI 52-108)
- Companion Policy 52-110 to National Instrument 52-110 Audit Committees
- National Instrument 81-106 Investment Fund Continuous Disclosure
- Substance and purpose of the amendments
The amendments:
- add a new exemption from the information circular requirements in NI 51-102 for certain proxy solicitations made to the public by broadcast, speech or publication
- revises the existing exemption in s. 9.5 of NI 51-102 to apply to any person that solicits proxies, not just reporting issuers
- removes carve-outs in NI 51-102 and NI 52-108 so that all of the requirements in those rules will apply in British Columbia, Alberta, Manitoba and Québec
- make related housekeeping changes
Prior publications
We published the amendments to NI 51-102, the related consequential amendments and the amendments to NI 52-108 for comment on October 12, 2007 with BCN 2007/32.
Questions
You may refer questions to:
Michael Moretto
Manager
British Columbia Securities Commission
(604) 899-6767
(800) 373-6393 (in B.C. and Alberta)
mmoretto@bcsc.bc.ca
Noreen Bent
Senior Legal Counsel
British Columbia Securities Commission
(604) 899-6741
(800) 373-6393 (in B.C. and Alberta)
April 18, 2008
Douglas M. Hyndman
Chair
Ref: National Instrument 51-102 Continuous Disclosure Obligations
Form 51-102 F3 Material Change Report
Companion Policy 51-102CP
National Instrument 52-108 Auditor Oversight
Companion Policy 52-110 to National Instrument 52-110 Audit Committees
BCN 2007/32 Advance Notice of Amendments to National Instrument 51-102 Continuous Disclosure Obligations, Form 51-102F2 Annual Information Form, Form 51-102F5 Information Circular
This Notice may refer to other documents. These documents can be found at the B.C. Securities Commission public website atwww.bcsc.bc.cain the section Securities Law & Policy: Policies & Instruments.