BCN 2001/41 - BC Instrument 52-504 "Directors Review of Interim Financial Statements" [BCN - Rescinded]
The OSC recently introduced a requirement for directors to review interim financial statements. BCI 52-504 harmonizes BC’s requirements with the OSC’s requirements. Exchange issuers are reminded that BC Form 51-901F requires the Board of Directors to approve the Quarterly and Year End Report.
BCI 52-502, which is referred to in the general notice re streamlining (see BCN 2001/40), is a temporary instrument that continues the relief currently provided in BOR#96/10 for a transitional period.
May 30, 2001
Brent W. Aitken
BC Form 51-901F
Section 3(8) Securities Rules
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be found at the B.C. Securities Commission public website at www.bcsc.bc.ca in the Commission Documents database or the Historical Documents database.