Skip Navigation
Securities Law

44-101 - Short Form Prospectus Distributions [NI Proposed - Lapsed]

Published Date: 2005-01-07
Document(s):
Related Document(s):

Concurrently Published:

National Instrument 44-101
Short Form Prospectus Distributions

Table of Contents

 

Part 1       DEFINITIONS AND INTERPRETATION.. 1

1.1        Definitions. 1
1.2        References to Information Included in a Document 6
1.3        References to Information to be Included in a Document 6
1.4        Incorporation by Reference. 6
1.5        Interpretation of "Short Form Prospectus". 6
1.6        Interpretation of "Payments to be Made". 7

Part 2       QUALIFICATION TO FILE A PROSPECTUS IN THE FORM OF A SHORT FORM PROSPECTUS [ALTERNATIVE A] 7

2.1        Short Form Prospectus. 7
2.2        Basic Qualification Criteria. 7
2.3        Alternative Qualification Criteria for Substantial Issuers. 8
2.4        Alternative Qualification Criteria for Issuers of Approved Rating Non-Convertible Securities. 9
2.5        Alternative Qualification Criteria for Issuers of Guaranteed Non-Convertible Debt Securities, Preferred Shares and Cash Settled Derivatives. 10
2.6        Alternative Qualification Criteria for Issuers of Guaranteed Convertible Debt Securities or Preferred Shares. 11
2.7        Alternative Qualification Criteria for Issuers of Asset-Backed Securities. 12
2.8        Calculation of the Aggregate Market Value of an Issuer's Securities. 13
2.9        Exemptions for New Reporting Issuers and Successor Issuers. 14
2.10      Transition. 15

Part 2       QUALIFICATION TO FILE A PROSPECTUS IN THE FORM OF A SHORT FORM PROSPECTUS [alternative B] 15

2.1        Short Form Prospectus. 15
2.2        Basic Qualification Criteria. 15
2.3        Alternative Qualification Criteria for Issuers of Approved Rating Non-Convertible Securities. 16
2.4        Alternative Qualification Criteria for Issuers of Guaranteed Non-Convertible Debt Securities, Preferred Shares and Cash Settled Derivatives. 17
2.5        Alternative Qualification Criteria for Issuers of Guaranteed Convertible Debt Securities or Preferred Shares. 8
2.6        Alternative Qualification Criteria for Issuers of Asset-Backed Securities. 18
2.7        Exemptions for New Reporting Issuers and Successor Issuers. 19
2.8        Transition. 20 

Part 3       DEEMED INCORPORATION BY REFERENCE. 21

3.1        Deemed Incorporation by Reference of Filed Documents. 21
3.2        Deemed Incorporation by Reference of Subsequently Filed Documents. 21

Part 4       FILING REQUIREMENTS FOR A SHORT FORM PROSPECTUS. 21

4.1        Interpretation of "Short Form Prospectus". 21
4.2        Required Documents for Filing a Preliminary Short Form Prospectus. 21
4.3        Required Documents for Filing a Short Form Prospectus. 23
4.4        Consents of Experts. 24
4.5        Language of Documents. 25

Part 5       AMENDMENTS TO A SHORT FORM PROSPECTUS. 26

5.1        Interpretation of "Short Form Prospectus". 26
5.2        Form of Amendment 26
5.3        Required Documents for Filing an Amendment 26
5.4        Auditor's Comfort Letter 27
5.5        Forwarding Amendments. 27
5.6        Amendment to Preliminary Short Form Prospectus. 27
5.7        Amendment to Short Form Prospectus. 27

Part 6       NON-FIXED PRICE OFFERINGS AND REDUCTION OF OFFERING PRICE UNDER SHORT FORM PROSPECTUS. 28

6.1        Non-Fixed Price Offerings and Reduction of Offering Price under Short Form Prospectus. 28

Part 7       SOLICITATIONS OF EXPRESSIONS OF INTEREST. 29

7.1        Solicitations of Expressions of Interest 29

Part 8       EXEMPTION.. 29

8.1        Exemption. 29
8.2        Evidence of Exemption. 30

Part 9       Transition, Repeal and EFFECTIVE DATE. 30

9.1        Applicable Rules. 30
9.2        Repeal 30
9.3        Effective Date. 30