Securities Law

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Rescinded Date: 2012-07-13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:

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)

nbent@bcsc.bc.ca 

 

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.