11-203 - Process for Exemptive Relief Applications in Multiple Jurisdictions [NP Advance Notice - Lapsed]

Concurrently Published:

• 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 APPLICATION

1.1 Application

PART 2 DEFINITIONS

2.1 Definitions
2.2 Further definitions

PART 3 OVERVIEW, PRINCIPAL REGULATOR AND GENERAL GUIDELINES

3.1 Overview
3.2 Passport application
3.3 Dual application
3.4 Coordinated review application
3.5 Hybrid applications
3.6 Principal regulator
3.7 Discretionary change in principal regulator
3.8 General guidelines

PART 4  PRE-FILINGS

4.1 General
4.2 Procedure for passport application pre-filing
4.3 Procedure for dual application pre-filing
4.4 Procedure for coordinated review application pre-filing
4.5 Disclosure in related application

PART 5  FILING MATERIALS

5.1 Election to file under this policy and identification of principal regulator
5.2 Materials to be filed with application
5.3 Materials to be filed to make an exemption available in an additional passport jurisdiction under sections 4.7 and 4.8 of MI 11-102
5.4 Request for confidentiality
5.5 Filing
5.6 Incomplete or deficient material
5.7 Acknowledgment of receipt of filing
5.8 Withdrawal or abandonment of application

PART 6 REVIEW OF MATERIALS

6.1 Review of passport application
6.2 Review and processing of dual application or coordinated review application

PART 7 DECISION-MAKING PROCESS

7.1 Passport application
7.2 Dual application or coordinated review application

PART 8 DECISION

8.1 Effect of decision made under passport application
8.2  Effect of decision made under dual application
8.3 Effect of decision made under coordinated review application
8.4 Listing non-principal jurisdictions
8.5 Form of decision
8.6 Issuance of decision

PART 9 EFFECTIVE DATE AND TRANSITION

9.1 Effective date
9.2 Exemptive relief applications filed before March 17, 2008
9.3 Availability of passport for exemptions applied for before March 17, 2008

Annex A

Form of decision for passport application

Annex B

Form of decision for a dual application

Annex C

Form of decision for coordinated review application

Annex D

Form of decision for hybrid application