11-102 - Passport System [MI Advance Notice - Lapsed]

Concurrently Published:

• 11-102CP - Passport System [CP Advance Notice - Lapsed]
• BCN 2008/06 - Notice of Adoption of Multilateral Instrument 11-102 Passport System and related companion policy, and related consequential amendments, including adoption of National Instrument 52-110 Audit Committees, related forms and companion policy, and repeal of British Columbia Instrument 52-509 Audit Committees, and Sections 144 and 145 of the Securities Rules, Adoption of National Policy 11-202 Process for Prospectus Reviews in Multiple Jurisdictions, and National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions, and Recission of National Policy 12-201 Mutual Reliance Review System for Exemptive Relief Applications, and National Policy 43-201 Mutual Reliance Review System for Prospectuses [BCN - Lapsed]

PART 1 DEFINITIONS

1.1 Definitions
1.2 Language of documents - Québec

PART 2 CONTINUOUS DISCLOSURE

2.1 Exemption from non-harmonized continuous disclosure requirements

PART 3 PROSPECTUS

3.1 Principal regulator for prospectus
3.2 Discretionary change of principal regulator for prospectus
3.3 Deemed issuance of receipt
3.4 Exemption from non-harmonized prospectus requirements
3.5 Transition for section 3.3

PART 4 DISCRETIONARY EXEMPTIONS

4.1 Specified jurisdiction
4.2 Principal regulator - general
4.3 Principal regulator - exemptions related to insider reporting and take-over bids
4.4 Principal regulator - head office not in a specified jurisdiction
4.5 Principal regulator - exemption not sought in principal jurisdiction
4.6 Discretionary change of principal regulator for discretionary exemption applications
4.7 Passport application of discretionary exemptions
4.8 Availability of passport for discretionary exemptions applied for before March 17, 2008

PART 5 EFFECTIVE DATE

5.1 Effective date

APPENDIX A

Non-harmonized continuous disclosure provisions

APPENDIX B

Prospectus provisions

APPENDIX C

Non-harmonized prospectus provisions

APPENDIX D

Equivalent provisions