12-701 - Executive Director's Consent under Section 179 of the Company Act (Previously NIN#91/17) [BCN - Lapsed]
| Published Date: | 2001-03-02 |
|---|---|
| Effective Date: | 2001-02-28 |
Section 179(3)(b) of the Company Act authorizes the executive director to approve in writing the waiver of the appointment of an auditor for a subsidiary.
The executive director will generally approve a waiver of the appointment of an auditor for a subsidiary if:
1. the subsidiary is not a reporting issuer;
2. the subsidiary is wholly-owned; and
3. if the parent company is a reporting issuer, it is not in default of any requirements of the Securities Act or the Securities Rules.
The waiver will be for a period of one year.
Dated at Vancouver, British Columbia, on February 28, 2001.
Brent W. Aitken
Member
Ref: NIN#91/17
Company Act, section 179(3)(b)
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be found at the B.C. Securities Commission public website atwww.bcsc.bc.cain the Commission Documents database or the Historical Documents database.