Securities Law

44-101CP - Short Form Prospectus Distributions [CP - Rescinded] - For financial years beginning before January 1, 2011

Published Date: 2008-03-13
Effective Date: 2008-03-17
Rescinded Date: 2013-05-14
Document(s):

Concurrently Published:

This is an unofficial consolidation of Companion Policy 44-101CP Short Form Prospectus Distributions that does not reflect amendments made effective January 1, 2011 in connection with Canada’s changeover to IFRS. This consolidation generally applies to a prospectus that includes financial statements for periods relating to financial years beginning before January 1, 2011. This document is for reference purposes only and is not an official statement of the law. 


Table of Contents

PART 1 INTRODUCTION AND DEFINITIONS

1.1 Introduction and Purpose
1.2 Interrelationship with Local Securities Legislation
1.3 Interrelationship with Continuous Disclosure (NI 51-102 and NI 81-106)
1.4 Process for Prospectus Reviews in Multiple Jurisdictions (NP 11-202)
1.5 Interrelationship with Shelf Distributions (NI 44-102)
1.6 Interrelationship with PREP Procedures (NI 44-103)
1.7 Definitions

PART 2 QUALIFICATION TO FILE A PROSPECTUS IN THE FORM OF A SHORT FORM PROSPECTUS

2.1 Basic Qualification Criteria - Reporting Issuers with Equity Securities Listed on a Short Form Eligible Exchange (Section 2.2 of NI 44-101)
2.2 Alternative Qualification Criteria - Issuers that are Not Listed (Sections 2.3, 2.4, 2.5 and 2.6 of NI 44-101)
2.3 Alternative Qualification Criteria - Issuers of Guaranteed Debt Securities, Preferred Shares and Cash Settled Derivatives (Sections 2.4 and 2.5 of NI 44-101)
2.4 Alternative Qualification Criteria - Issuers of Asset-Backed Securities (Section 2.6 of NI 44-101)
2.5 Timely and Periodic Disclosure Documents
2.6 Notice Declaring Intention

PART 3 FILING AND RECEIPTING OF SHORT FORM PROSPECTUS

3.1 Previously filed documents
3.2 Confidential Material Change Reports
3.3 Supporting Documents
3.4 Experts' Consent
3.5 Undertaking in Respect of Credit Supporter Disclosure
3.6 Amendments and Incorporation by Reference of Subsequently Filed Material Change Reports
3.7 Short Form Prospectus Review
3.8 Review time frames for "equity line" short form prospectuses
3.9 Registration Requirements

PART 4 CONTENT OF SHORT FORM PROSPECTUS

4.1 Prospectus Liability
4.2 Style of Short Form Prospectus
4.3 Pricing Disclosure
4.4 Principal Purposes - Generally 
4.5 Distribution of Asset-backed Securities
4.6 Distribution of Derivatives
4.7 Underlying Securities
4.8 Restricted Securities
4.9 Recent and Proposed Acquisitions
4.10 Updated pro forma financial statements to date of prospectus
4.11 General Financial Statement Requirements
4.12 Credit Supporter Disclosure
4.13 Exemptions for Certain Issues of Guaranteed Securities
4.14 Previously Disclosed Material Forward-Looking Information

PART 5 CERTIFICATES

5.1 General