BCN2008/55 - Adoption of amendments to Form 51-102F6 Statement of Executive Compensation and related amendments [BCN - Lapsed]
Published Date: | 2008-12-23 |
---|---|
Effective Date: | 2008-12-31 |
Rescinded Date: | 2012-07-09 |
Related Document(s): |
|
Concurrently Published:
- 51-102 - Continuous Disclosure Obligations [NI - Rescinded]
- 51-102F5 - Information Circular [F - Rescinded] - For financial years beginning before January 1, 2011
- 51-102F6 - Statement of Executive Compensation (in respect of financial years ending before December 31, 2008) [F - Rescinded]
- 51-102F6 - Statement of Executive Compensation (in respect of financial years ending on or after December 31, 2008) [F - Rescinded] - For financial years beginning before January 1, 2011
Effective December 31, 2008, the Commission, together with the other Canadian Securities Administrators (CSA), is adopting
- new Form 51-102F6 Statement of Executive Compensation (new 51-102F6) that will apply for financial years ending on or after December 31, 2008
- amendments to Form 51-102F6 Statement of Executive Compensation (old 51-102F6) so that it will apply only for financial years ending before December 31, 2008
- amendments to National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102)
- amendments to Form 51-102F5 Annual Information Form (51-102F5)
together, the amendments.
Substance and purpose of the amendments
The amendments expand and update the executive compensation disclosure a reporting issuer must provide and make related amendments to update NI 51-102 and 51-102F5.
Old 51-102F6 will remain in effect until March 31, 2010 for disclosure relating to financial years that end before December 31, 2008. Reporting issuers must use new 51-102F6 for their executive compensation disclosure for financial years ending on or after December 31, 2008.
Prior publications
We published the amendments for comment on March 29, 2007 (BCN 2007/14), and for further comment on February 22, 2008 (BCN 2008/09). We published advance notice of our proposed adoption of the amendments on September 18, 2008 (BCN 2008/44).
Questions
You may refer questions to:
Andrew Richardson
Deputy Directory, Corporate Finance
British Columbia Securities Commission
(604) 899-6730
(800) 373-6393 (in B.C. and Alberta)
arichardson@bcsc.bc.ca
Alison Dempsey
Senior Legal Counsel, Corporate Finance
British Columbia Securities Commission
(604) 899-6638
(800) 373-6393 (in B.C. and Alberta)
adempsey@bcsc.bc.ca
December 22, 2008
Douglas M. Hyndman
Chair
Ref: National Instrument 51-102 Continuous Disclosure Obligations
Form 51-102F5 Information Circular
Form 51-102F6 Statement of Executive Compensation
BCN 2007/14
BCN 2008/09
BCN 2008/44
This Notice may refer to other documents. You can find these documents at the B.C. Securities Commission public website atwww.bcsc.bc.ca in the section Securities Law & Policy: Policies & Instruments.