Securities Law

41-201 - Income Trusts and Other Indirect Offerings [NP Amendment Advance Notice - Lapsed]

Published Date: 2007-10-12
Effective Date: 2007-12-31
Document(s):

Concurrently Published:

1.  This Instrument amends National Policy 41-201 Income Trusts and Other Indirect Offerings.

2.  National Policy 41-201 Income Trusts and Other Indirect Offerings is amended by adding the following as the last sentence of the first paragraph of section 2.8:

Although securities legislation does not prohibit the use of projections, as defined in CICA Handbook section 4250, we believe that a S. 4250 forecast is more appropriate in these circumstances. 

3.  This amendment comes into force on December 31, 2007.