Securities Law

31-102 - National Registration Database [NI Amendment Instrument Proposed - Lapsed]

Published Date: 2008-02-29

Concurrently Published:

1.     National Instrument 31-102 National Registration Database is amended by this Instrument.

2.      The table of contents is amended by adding the following after “4.3 Payment of NRD User Fees- Annual

4.4              Payment of Late Filing Fees
4.5              Exemption for Registrants not Resident in Canada

3.     Section 2.1 is amended by adding the following after paragraph 4:

5.         Form 33-109F5;


6.         Form 33-109F7.


4.     Section 3.2(e) is amended by adding “, telephone number, or e-mail address” after “change in the name”.

5.         Part 4 is amended by added the following after section 4.3(2):


4.4       Payment of Late Filing Fees


(1)     If a firm filer is required to pay late filing fees because of an activity that creates a submission on NRD, the firm filer must pay the required fee by electronic pre-authorized debit through NRD.


(2)     A payment under subsection (1) must be made from the firm filer's NRD account.


4.5       Exemption for Registrants not Resident in Canada - Sections 3.2(c), 4.1, 4.2, 4.3 and 4.4 do not apply to a registered firm that


(a)     has no business office in a jurisdiction in Canada,


(b)     does not have an account with a member of the Canadian Payments Association,


(c)     is not an affiliate of a registered firm resident in a jurisdiction in Canada, and


(d)     pays the fees referred to in sections 4.1 to 4.4 to the NRD administrator within 10 business days of the date the payment is due.


6          Part 7 is repealed.


7.         This Instrument comes into force on •.