NIN 97/02 - Revised Indices of Notices and Interpretation Notes, Blanket Orders and Rulings, and Local Policy Statements under the Securities Act, Securities Regulation and Securities Rules [NIN - Rescinded]

Published Date:	1997-01-17
Effective Date:	1997-01-16

Effective January 15, 1997, the Commission is rescinding the indices dated effective February 15, 1996 of the Notices and Interpretation Notes, Blanket Orders and Rulings, and Local Policy Statements under the Securities Act, Securities Regulation, and Securities Rules and substituting the indices attached to this Notice. The Forms index is attached to NIN#97/3.

The NIN index lists only the NINs that are in effect and that have been lapsed since the publication of the previous index. The lapsing of a particular Notice does not imply that any material introduced or referred to in the Notice is no longer in effect. The index of BORs lists only the BORs that are in effect.

NINs, BORs, LPSs and Forms will be amended in due course to correct section references that have changed as a result of the coming into force of the Securities Regulation, B.C. Reg. 478/95 (New Regulation), Securities Rules, B.C. Reg. 479/95 (the Rules) and Registration Transfer Rules, B.C. Reg. 477/95 and the repeal of the Securities Regulation, B.C. Reg. 270/86 (the Old Regulation) and the Registration Transfer Regulation, B.C. Reg. 286/86 (the Old RTR). Until the updated NINs, BORs, LPSs and Forms are published, they should be read to refer, with the necessary changes, to the appropriate sections of the New Regulation and Rules. Refer to the Table of Concordance at p. 478 of the Commissions Special Supplement to the Weekly Summary, published for the week ending November 24, 1995, to update section references from the Old Regulation and the Old RTR.

In addition, a number of LPSs have been revised, replaced or rescinded (eg. LPS 3-07 replaced old LPSs 3-07 to 3-10). As a result, other LPSs may contain inaccurate references to rescinded LPSs. In addition to updating the LPSs to reflect changes to the legislation, the LPSs will also be updated in due course to reflect the changes consequential to the implementation of all new and replacement LPSs. Until the updated LPSs are published, they should be read to refer, with the necessary changes, to the new and replacement LPSs.

DATED at Vancouver, British Columbia, on January 16, 1997.

Douglas M. Hyndman
Chair

NIN #	Date of NIN (mm/dd/yy)	Description	Status (mm/dd/yy)
87/45	06/11/87	Technical reports on mining properties accompanying prospectuses submitted for acceptance by the Superintendent of Brokers	in effect
87/52	07/24/87	Flow-through shares	in effect
87/66	10/09/87	Prospectus vetting procedures	in effect
87/67	10/09/87	Leveraged mutual fund purchases	in effect
88/7	06/01/88	Venture capital issuers	in effect
88/10	06/02/88	"Full disclosure" in financial statements	lapsed 01/15/97
88/11	06/06/88	The effect of criminal and civil litigation on trading rights and registration	in effect
88/40	11/09/88	Sale of mutual funds by financial institutions - principles of regulation	in effect
88/45	12/01/88	National Policy Statement No. 41 - shareholder communication - removal of exemption	in effect
88/48	12/20/88	Full service and discount brokerage activities by financial institutions - principles of regulation	in effect
89/3	01/20/89	Conflict of interest rules statement - clarification of filing requirements	in effect
89/13	03/02/89	Statutory filings	in effect
89/17	04/06/89	[Draft] Local Policy Statement 3-45 - designation as a reporting issuer and business investor offerings	in effect
89/21	07/21/89	Orders pursuant to section 145 of the Securities Act - removal of trading exemptions	in effect
89/30	10/13/89	Qualifications of auditors filing reports	in effect
89/32	10/31/89	Required form of offering memorandum	lapsed 01/15/97
89/34	11/17/89	Settlements with the British Columbia Securities Commission	in effect
89/35	11/24/89	Disclosure of promotional or investor relations arrangements	in effect
89/36	11/15/89	Disclosure of experience of directors, officers, promoters and control persons	lapsed 01/15/97 (see Forms 12A, 12B, 14A and 14B)
89/43	12/21/89	Local Policy Statement 3-07	lapsed 01/15/97
90/4	02/09/90	National Policy No. 39 - mutual funds distributor's report and auditor's letter	in effect
90/7	03/07/90	Dual employment of individuals employed by financial institutions and securities registrants	lapsed 01/15/97 (see LPS 3-22)
90/13	04/05/90	Rights offerings	lapsed 01/15/97
90/16	05/10/90	Principles of regulation re: activities of registrants related to financial institutions	in effect
90/20	06/07/90	Availability of weekly summary and material published under the Securities Act	lapsed 08/15/96
90/22	06/14/90	Filing of specified forms	lapsed 01/15/97
90/29	08/30/90	Proposals for securities firms	lapsed 01/15/97
91/12	07/11/91	Ontario Securities Commission Policy Statement 9.1 - disclosure, valuation, review and approval requirements and recommendations for insider bids, issuer bids, going private transactions and related party transactions	in effect
91/17	09/25/91	Section 203(3)(b) of the Company Act - consent by the Superintendent of Brokers to the waiver of the appointment of an auditor for a subsidiary corporation	in effect
91/18	10/02/91	Auditor's report on comparative financial statements	in effect
91/19	10/10/91	New computer system for insider reports	lapsed 01/15/97
91/20	10/31/91	Comparative interim financial statements	in effect
91/21	11/01/91	Accounting for business combinations and corporate reorganizations	in effect
91/22	11/13/91	Guide for use of the multijurisdictional disclosure system by Canadian issuers in the U.S. market	in effect
92/2	02/06/92	Communication with the Securities Commission	lapsed 08/15/96
92/3	02/12/92	Waivers consequential to Local Policy Statement 3-07	lapsed 01/15/97
92/4	03/05/92	Draft National Policy Statement No. 46 - index and commodity warrants and other derivative securities	in effect
92/8	05/07/92	Ontario Securities Commission Policy No. 4.8 - non-resident advisers	lapsed 01/15/97
92/18	07/10/92	Required form of personal information (Form 4B)	lapsed 01/15/97
92/21	07/16/92	Proposed junior POP system - request for comment	in effect
92/29	11/06/92	Accounting for performance shares	in effect
92/30	11/26/92	National Policy Statement No. 39 - mutual funds - draft section 2.09 - certain related parties acting as principals in purchases or sales of portfolio debt securities and proposed revocation of section 4.03 - dealer manager acting as principal	in effect
93/8	04/01/93	Money laundering: new federal regulations	in effect
93/12	06/10/93	Restriction applicable to the solicitation of expressions of interest under BOR#91/7 and BOR#93/1	in effect
93/16	08/19/93	Draft National Policy Statement No. 53 - foreign issuer prospectus and continuous disclosure system	in effect (see CSA Notice #95/4)
93/18	09/09/93	Fiscal agency agreement - restrictions on exemption orders	in effect
93/23	12/16/93	Executive compensation	in effect
93/24	12/22/93	Exemption for filing notice of networking arrangements governed by the principles of regulation	in effect
94/2	01/06/94	Filing requirements for annual information forms	in effect
94/5	06/08/94	National Policy Statement No. 39 - definition of debt-like securities	in effect
94/19	10/12/94	Draft amended National Policy Statement No. 41 - security holder communication	in effect
94/20	10/14/94	Draft National Policy Statement No. 43 - advertisements of securities and related sales practices	in effect
94/21	11/03/94	Expedited review of short form prospectus and renewal AIFs	in effect
94/22	11/01/94	Permission under section 35(1)(c) of the Securities Act	in effect
95/5	01/04/95	Principles of fair trading	in effect
95/7	01/12/95	Duties of registrants in the supervision of accounts operating under powers of attorney or trading authorities	in effect
95/9	02/08/95	Government strip bonds - information statement - Local Policy Statement 3-43 - Blanket Order #91/12	in effect
95/12	03/01/95	Executive compensation and indebtedness disclosure - Ontario staff report	in effect
95/15	03/23/95	Interpretation note - disclosure of securities under control or direction	in effect
95/18	04/20/95	Draft National Policy Statement No. 54 - expedited registration system for advisers	in effect
95/21	05/11/95	Decisions of the B.C. Securities Commission	in effect
95/22	06/01/95	Release of IOSCO/BIS joint report on the framework for supervisory information about the derivatives activities of banks and securities firms	in effect
95/24	06/22/95	Fee payments under the Securities Act and the Commodity Contract Act	in effect
95/29	07/06/95	Task Force on Operational Efficiencies in the Administration of Securities Regulation - final report	in effect
95/34	09/28/95	British Columbia Securities Commission response to the request for comments from the Ontario Securities Commission task force on small business financing	in effect
95/35	10/19/95	McKenzie Investigation report released	lapsed 01/15/97
95/36	11/16/95	Exchange offering prospectus forms	lapsed 01/15/97
95/39	11/23/95	Rules, amendments to the Securities Act and repeal and replacement of the Regulation and Registration Transfer Regulation	lapsed 01/15/97
95/40	11/23/95	Amendments to the Securities Act	lapsed 01/15/97
95/41	11/23/95	Rules	lapsed 01/15/97
95/42	11/22/95	Repeal and replacement of the Regulation	lapsed 01/15/97
95/43	11/23/95	Repeal and replacement of the Registration Transfer Regulation	lapsed 01/15/97
95/45	11/23/95	Repeal of Local Policy Statement 3-30	lapsed 01/15/97
95/47	12/7/95	Local Policy Statement 3-22 (registration requirements)	lapsed 01/15/97
95/48	12/7/95	Repeal of Interim Local Policy Statement 3-22, Local Policy Statement 3-38, Local Policy Statement 3-42, Local Policy Statement 4-1 and Local Policy Statement 4-2	lapsed 01/15/97
95/49	12/7/95	Specification of offering documents requiring written underwriting procedures and registration as an underwriter	lapsed 04/11/96
95/52	12/14/95	Insider reporting - third party options	in effect
95/53	12/14/95	New form of certificate under section 60(3) of the Securities Act	in effect
95/54	12/14/95	Transitional market-making relief for control persons	in effect
95/55	12/21/95	Exchange offering prospectuses - amendments to Local Policy Statement 3-02	lapsed 01/15/97
95/56	12/21/95	Interim Local Policy Statement 3-24 - statutory and discretionary exemptions	lapsed 01/15/97
95/57	12/21/95	Local Policy Statement 3-44 - recognition of self regulatory body, exchanges and jurisdictions	lapsed 01/15/97
95/58	12/21/95	Blanket Order #95/13 - mutual funds and the purchases and sales of certain debt securities from and to the account of responsible persons	lapsed 01/15/97
95/59	12/21/95	Application of Section 30 of the Act to trust companies	lapsed 01/15/97
95/60	12/21/95	Hold period for securities of exchange issuer issued under Section 55(2)(18) of the Securities Act	in effect
96/2	01/11/96	Rule Making Procedure Regulation	lapsed 01/15/97
96/3	01/11/96	Toronto Stock Exchange Committee on Corporate Disclosure - interim report	in effect
96/4	01/11/96	IDA Committee on Take-Over Bid Time Limits - request for submissions	lapsed 08/22/96
96/5	01/23/96	Clarification of transitional market-making relief for control persons	in effect
96/6	01/24/96	Supplementary report of the committee on underwriting conflicts of interest to the CSA chairs	in effect
96/7	02/14/96	Specification of required forms under the Securities Act, Securities Regulation and Securities Rules	lapsed 01/15/97
96/8	02/14/96	Revised indices of notices and interpretation notes, blanket orders and rulings, local policy statements and forms under the Securities Act, Securities Regulation and Securities Rules	lapsed 01/15/97
96/9	03/27/96	Blanket Orders #96/5 and #96/6 mutual funds and related party transactions	lapsed 01/15/97
96/10	04/11/96	Blanket Order #96/9 registrant information to be furnished to clients	in effect
96/11	04/11/96	Specification of offering documents requiring written underwriting procedures and registration as an underwiter	lapsed 11/21/96
96/12	05/02/96	Further relief relating to audit committee review and board of directors approval of interim financial statements	in effect
96/13	05/08/96	National Instruments and National Policies	in effect
96/14	05/08/96	Proposed National Instrument - Rule relating to System for Electronic Document Analysis and Retrieval (SEDAR)	lapsed 12/19/96
96/15	05/16/96	Joint submission of the Chairs of the Alberta and British Columbia Securities Commissions on the structure of the proposed Canadian Securities Commission	in effect
96/16	05/23/96	Request for comment - Dissemination of insider trade report data	in effect
96/17	05/29/96	Blanket Order #96/11 - Mutual funds and related party transactions	lapsed 09/01/96
96/18	06/14/96	Extension of Transitional Relief For Certain Offerings by Way of Statement of Material Facts	in effect
96/19	06/20/96	Expiry of Transitional Market - Making Relief for Control Persons	lapsed 01/15/97
96/20	06/28/96	Revised forms (registration and personal information)	in effect
96/21	07/09/96	Course announcement - the securities program	in effect
96/22	07/19/96	Mutual Funds and Related Party Transactions	lapsed 01/15/97
96/23	08/01/96	Numbering system for the Policy Reformulation Project	in effect
96/24	08/01/96	Proposed National Instrument 14-101 Definitions	in effect
96/25	08/01/96	Proposed Relief for Eligible Institutional Investors from Early Warning, Insider Reporting, Take-over Bid and Control Person Distribution Requirements	in effect
96/26	08/13/96	Calculation of Hold Periods under the Securities Rules	in effect
96/27	08/15/96	Communication with the Securities Commission	in effect
96/28	08/22/96	Report of the IDA Committee on Take-over Bid Time Limits	in effect
96/29	08/29/96	Trades in Options to Consultants	in effect
96/30	08/29/96	Subscribing to SEDAR Filing Services	lapsed 12/20/96
96/31	09/26/96	Proposed amendments to expedited review of short form prospectuses and renewal AIFs	lapsed 12/20/96
96/32	09/26/96	Application of sections 2(5), 2(6) and 2(7) of Securities Rules to the multijurisdictional disclosure system	in effect
96/33	09/26/96	Blanket Order #96/16 - Reconciliation requirements for certain foreign issuers under the prompt offering qualification system	in effect
96/34	10/01/96	Proposed rescission of National Policy No. 33 - Financing of film productions	in effect
96/35	10/10/96	Mutual funds and related party transactions	in effect
96/36	10/10/96	Real estate securities	in effect
96/37	10/10/96	Specification of Form 43B for real estate securities	lapsed 01/15/97
96/38	10/31/96	Form 61 - Quarterly Report Staff Report on Schedule C - Management Discussion	in effect
96/39	11/14/96	Processing Applications for Discretionary Relief Before Year End	lapsed 01/15/97
96/40	11/21/96	Advance Notice - National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR)	lapsed 12/20/96
96/41	11/21/96	Specification of Offering Documents Requiring Written Underwriting Procedures and Registration as an Underwriter	in effect
96/42	11/27/96	Further Transitional Relief Mutual Funds and Related Party Transactions Involving Non-Participating Affiliates	in effect
96/43	11/27/96	Proposed National Policy 62-201 and Rescission of National Policy Statement No. 37 Bids Made only in Certain Jurisdictions	in effect
96/44	11/27/96	Proposed National Policy 62-202 and Rescission of National Policy Statement No. 38 Take-Over Bids - Defensive Tactics	in effect
96/45	12/05/96	Special Warrants Prospectus Filings	in effect
96/46	12/18/96	Advance Notice National Instrument 14-101 Definintions	in effect
96/47	12/19/96	Expedited Review of Short Form Prospectuses and Renewal AIFS	in effect
96/48	12/19/96	Adoption of National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR)	in effect
96/49	12/18/96	Quarterly Report Filings (Form 61) (SEDAR)	in effect
97/1	01/03/97	New and Revised Registration Forms	in effect

BOR #	Date of BOR (mm/dd/yy)	Description	Status (mm/dd/yy)
87/29	06/11/87	A policy of the Toronto Stock Exchange on small shareholder selling and purchase arrangements	in effect
87/30	06/11/87	A policy of the Montreal Exchange on small shareholder selling and purchase arrangements	in effect 05/26/87
88/2	08/12/88	The definition of "exchange issuer"	in effect 09/01/88
88/3	08/12/88	Transitional rules respecting securities traded prior to September 1, 1988 under an exemption from section 42 of the Securities Act	in effect 09/01/88
88/11	11/28/88	Conflict of interest rules statement and confirmation and reporting of transactions by registrants	in effect
89/1	01/26/89	Registration of persons trading in IOCC options	in effect
89/8	10/13/89	Reporting companies under the British Columbia Company Act and the definition of "reporting issuer"	in effect 11/01/89
89/10	10/31/89	Required form of offering memorandum	in effect 11/01/89
90/1	01/29/90	Trades of government warrants	in effect
90/2	02/27/90	Trades in shares issued in accordance with the Employee Investment Act	in effect
90/4	10/11/90	Trades in deposit-type or self-directed registered educational savings plans	in effect
91/2	05/03/91	Rules for shelf prospectus offerings and for pricing offerings after the prospectus is receipted	in effect 05/10/91
91/5	06/06/91	Resale of rights acquired under a rights offering	in effect 07/01/91
91/6	06/06/91	Recognition of certain countries and political divisions of countries issuing bonds, debentures or other evidence of indebtedness	in effect 07/01/91
91/7	06/25/91	Multijurisdictional disclosure system	in effect 07/01/91 (see NIN#93/12)
91/8	08/01/91	Registration of persons trading in TCO commodity options	in effect 05/17/91
91/10	08/08/91	First renewal prospectuses filed by mutual funds under National Policy Statement No. 36	in effect
91/12	12/12/91	Government strip bonds	in effect (see NIN#95/9)
92/1	04/23/92	Fees payable by members of the press for a subscription to the Weekly Summary and for search of a file	in effect
92/2	08/06/92	Limitations on a registrant underwriting securities of a related party or connected party of the registrant	in effect
92/3	11/18/92	Revocation of BOR#91/11 and recognized options traded through recognized clearing agencies (recognized options rationalization order)	in effect 08/11/92
93/1	02/17/93	Prompt offering qualification system	in effect 02/19/93 (see NIN#93/12)
93/3	06/16/93	The multijurisdictional disclosure system	in effect
93/4	12/22/93	Networking arrangements governed by the principles of regulation	in effect
94/1	11/23/94	Prompt offering qualification system - memorandum of understanding for expedited review of short form prospectuses and renewal AIFs	in effect 11/23/94 (see NIN#s 94/22 & 96/47)
95/3	07/27/95	Form 12A and 14A summary prospectus disclosure system	revoked (see BOR#95/11 for effective date - distribution must be completed by 12/31/97)
95/5	10/26/95	Filing insider reports by facsimile	in effect 11/01/95
95/6	12/7/95	Continuing relief from certain registration requirements	in effect 01/01/96
95/8	12/15/95	Transitional relief	in effect 01/01/96
95/9	12/14/95	Continuing relief for financial statements of certain foreign issuers	in effect 01/01/96
95/10	12/21/95	The summary prospectus disclosure system	in effect 01/01/96 (see LPS 3-02)
95/11	12/21/95	Revocation of BOR#95/3	in effect 01/01/96 (BOR#95/3 will lapse 01/01/98)
95/12	12/21/95	Trust companies, insurers and portfolio managers in the other provinces and territories of Canada	in effect 01/01/96
95/15	12/21/95	Acting as an adviser with respect to certain securities	in effect 01/01/96
95/16	12/21/95	Trades of negotiable promissory notes or commercial paper to individuals	in effect 01/01/96
95/17	12/21/95	Legending of certificates	in effect 01/01/96
95/19	12/21/95	The hold period for securities issued by an exchange issuer under section 55(2)(18) of the Act	in effect 01/01/96 (see NIN#95/60)
95/20	12/21/95	Transitional relief from recognized resale requirements	in effect 01/01/96
95/21	12/28/95	Trades in securities of non reporting issuers	in effect 01/01/96
95/22	12/28/95	Transitional relief from recognized resale requirements relating to securities of issuers that filed an application for listing with the Vancouver Stock Exchange	in effect 01/01/96
96/1	01/11/96	Trades by control persons of securities acquired under section 55(2)(8) of the Act	in effect 01/01/96
96/3	03/14/96	The requirement to send interim financial statements and quarterly reports to security holders of a reporting issuer	in effect
96/5	03/27/96	Mutual funds and the purchase and sale of mortgages from and to the account of responsible persons	in effect
96/7	03/27/96	Trades in securities acquired under section 117 of the Securities Regulation, B.C. 270/86	in effect
96/8	03/27/96	Number of purchasers under sections 89(a) and (g) and 128(a) and (h) of the Securities Rules, B.C. 479/95	in effect
96/10	05/02/96	Further relief respecting audit committee review and board of directors approval of interim financial statements	in effect
96/12	06/14/96	Transitional relief for certain offerings by way of statement of material facts	in effect
96/15	08/29/96	Trades in Options to Consultants	in effect
96/16	09/26/96	Further continuing relief for financial statements of certain issuers and the prompt offering qualification system	in effect
96/17	10/10/96	Mutual funds and the purchases and sales of certain debt securities from and to the account of responsible persons	in effect
96/19	10/10/96	Optional rental pool securities	in effect
96/20	11/21/96	In the Matter of Continuing Relief Relating to the Application of Section 30 of the Act to Trust Companies	in effect
96/21	11/27/96	Further Transitional Relief Relating to Transactions Between a Mutual Fund and a Non-Participating Affiliate of its Responsible Person	in effect

Policy #	Date of Policy (mm/dd/yy)	Description	Status (mm/dd/yy)
3-01	02/01/87	Factors to be considered in arriving at a decision that a natural resource property has sufficient merit to justify an expenditure thereon of risk capital derived from public subscription	in effect (see NIN#89/43)
3-02	12/21/90	Prospectus filing requirements	in effect 02/04/91 as amended effective 01/01/96 (see BOR#95/10)
3-03	02/01/87	Requirements re filing of preliminary prospectuses and prospectuses (national issues)	in effect
3-04		Rescinded	replaced by LPS 3-17
3-05	02/01/87	Rights offerings to shareholders	in effect
3-06	02/01/87	Prospectus guidelines for the mortgage investment issuer	in effect
3-07	12/21/89	Policy guidelines respecting trading shares, performance shares and other consideration	in effect 03/01/90
3-08		Rescinded	replaced by LPS 3-07
3-09		Rescinded	replaced by LPS 3-07
3-10		Rescinded	replaced by LPS 3-07
3-11		Rescinded
3-12	01/26/90	Rules for proceedings	in effect 02/01/90
3-13	02/01/87	Policy guidelines for a venture capital issuer planning to make a distribution	in effect (see NIN#88/7 and NIN#89/43)
3-14	09/09/93	Application for insider reporting exemptions	in effect 09/09/93
3-15	07/07/89	Exempt purchaser status	in effect 07/15/89
3-16	08/14/90	Registration for securities and insurance	in effect
3-17	10/05/94 (interim)	Registrant due diligence	in effect
3-18		Reserved
3-19	02/01/87	Vancouver Stock Exchange listings	in effect
3-20		Reserved
3-21	02/01/87	Share and unit offerings of unlisted issuers and options and warrants available to registrants participating in such offerings	in effect (see NIN#89/43)
3-22	12/07/95	Registration requirements	in effect 01/01/96
3-23		Reserved
3-24	12/21/95 (interim)	Statutory and discretionary exemptions	in effect 01/01/96
3-25	02/01/87	Re: natural resource issuer - "best efforts" prospectus and amendments to prospectus arising from market conditions	in effect
3-26	02/01/87	Rescinded	replaced by amendment to LPS 3-02 (see BOR#95/8and BOR#96/12)
3-27		Reserved
3-28		Reserved
3-29		Reserved
3-30	02/01/87	Rescinded
3-31	02/01/87	Incentive options to directors and employees - unlisted issuers	in effect
3-32		Reserved
3-33	02/01/87	R.R.S.P.'s administered by brokers on behalf of authorized trustees	in effect
3-34	02/01/87	Application for non-reporting status	in effect
3-35	10/13/89	Reactivation of dormant issuers	in effect 11/01/89
3-36		Reserved
3-37	02/01/87	Restricted shares (uncommon equities) distributions and disclosure	in effect
3-38	02/01/87	Rescinded	replaced by LPS 3-22
3-39	02/01/87	Guidelines for advertising issues of securities and for promotional activities during the course of a distribution	in effect
3-40		Rescinded	replaced by NP 47 and BOR#93/1
3-41	02/01/87	Lawyer's conflict of interest	in effect
3-42	02/01/87	Rescinded	replaced by LPS 3-22
3-43	12/12/91 (interim)	Government Strip Bonds	in effect (see NIN#95/9)
3-44	12/21/95	Recognition of self regulatory body, exchanges and jurisdictions	in effect 01/01/96
3-45	04/06/89 (draft)	Designation as a reporting issuer and business investor offerings	in effect 04/07/89 (see NIN#89/17)