BOR 95/11 - Revocation of BOR #95/3 [Rescinded]

IN THE MATTER OF THE SECURITIES ACT S.B.C. 1985, c. 83

AND

IN THE MATTER OF THE REVOCATION OF BOR#95/3

Revocation Order Under Section 153 of the Securities Act

WHEREAS on December 21, 1995, the Commission issued (1) NIN#95/55 introducing amendments to Part 11 of Local Policy Statement 3-02 - Prospectus Filing Requirements (LPS 3-02), to expand the Summary Prospectus Disclosure System to make it available to qualifying issuers permitted to file a Form 12B or Form 14B prospectus, and (2) BOR#95/10 implementing the Summary Prospectus Disclosure System set out in Part 11 of LPS 3-02;

AND WHEREAS BOR#95/3, dated July 27, 1995 was issued to provide certain exemptions for distribution of securities in compliance with the Form 12A and Form 14A Summary Prospectus Disclosure System set out in Part 11 of LPS 3-02;

AND WHEREAS the Commission considers that it would not be prejudicial to the public interest to do so;

EFFECTIVE January 1, 1996, IT IS ORDERED under section 153 of the Securities Act, S.B.C. 1985, c. 83, that BOR#95/3 is revoked, except for a distribution where

(a) the preliminary summary prospectus, and base disclosure document is filed in accordance with BOR#95/3 before January 1, 1996, and

(b) the distribution is completed on or before December 31, 1997.

DATED at Vancouver, British Columbia, on December 21, 1995.

Douglas M. Hyndman
Chair

REF: LPS 3-02
Form 12B
Form 14B
BOR#95/3
BOR#95/10