NIN 94/27 - New Form of Certificate under Section 60(3) of the Securities Act [NIN - Rescinded]
| Published Date: | 1994-11-23 |
|---|---|
| Effective Date: | 1994-11-23 |
Section 11 of the Securities Amendment Act, 1992, S.B.C., 1992, c. 52 (the "Amendment Act"), brought into force effective November 17, 1994 by B.C. Reg. 418/94 (see NIN#94/25), amends section 60(3) of the Securities Act (the "Act") by narrowing the language of the certificate that the Superintendent may issue under that section to refer to not being in default of filing financial statements and fees.
Before the implementation of section 11 of the Amendment Act, the Superintendent had already indicated in NIN#93/19 that he was no longer prepared to exercise his discretion to issue a certificate that an issuer is not in default of any requirement of the Act or Regulation as was then possible under section 60(3) of the Act.
Effective November 23, 1994, the Superintendent will, in appropriate circumstances, issue the form of certificate attached to this Notice under section 60(3) of the Act.
DATED at Vancouver, British Columbia, on November 23, 1994.
Dean E. Holley
Superintendent of Brokers
Attachment
REF: NIN#92/15
NIN#92/24
NIN#93/19
NIN#94/25
CERTIFICATE under section 60(3) of the Securities Act
[Date]
Re: [Issuer name] (the "Reporting Issuer")
File #
I certify that on this date the information on file with the British Columbia Securities Commission indicates that the Reporting Issuer is not in default of filing financial statements required by the Securities Act, S.B.C. 1985, c. 83, or the Securities Regulation, B.C. Reg. 270/86 or paying fees and charges prescribed by the Securities Regulation relating to those filings.
Deputy Superintendent of Brokers
Corporate Finance