Securities Law

BCN 2009/12 - Advance Notice of National Instrument 31-103 Registration Requirements and Exemptions,Companion Policy 31-103CP Registration Requirement and Exemptions,BC Interpretation Note XX, and BC Instrument 33-5xx and its companion policy, and consequential amendments to national and local instruments [BCN - Lapsed]

Published Date: 2009-07-17
Rescinded Date: 2012-07-13
Document(s):
Related Document(s):

Concurrently Published:

Introduction
The Canadian Securities Administrators have approved National Instrument 31-103 Registration Requirements and Exemptions, Companion Policy 31-103CP Registration Requirements and Exemptions (together, the national rule), and consequential amendments to national and multilateral instruments. Subject to Ministerial approval requirements, the National Rule will come into force on September 28, 2009 (the implementation date).

In addition, the British Columbia Securities Commission has approved BC Instrument 33-5xx and its companion policy, consequential amendments to local instruments and a related interpretation notice (BCIN). 

We published the national rule for comment on February 20, 2007. We published it again on February 29, 2008, along with proposed national, multilateral and local consequential amendments.

Please refer to CSA Notice Notice of National Instrument 31-103 Registration Requirements dated July 17, 2009, which gives an overview of the national rule and national and multilateral consequential amendments. Appendix B to the CSA Notice describes the significant changes to those documents since the second publication. This notice describes BC Instrument 33-5xx the local consequential amendments (including significant changes to those amendments since the second publication) and the related BCIN.