45-520 - Exemption from National Instrument 43-101 Standards Of Disclosure For Mineral Projects [BCI - Rescinded]
| Published Date: | 2002-04-18 |
|---|---|
| Effective Date: | 2002-04-16 |
| Rescinded Date: | 2003-02-01 |
BRITISH COLUMBIA SECURITIES COMMISSION
BC INSTRUMENT 45-520
The British Columbia Securities Commission, having considered that to do so would not be prejudicial to the public interest, orders that the attached BC Instrument 45-520 entitled “Exemption from National Instrument 43-101 Standards Of Disclosure For Mineral Projects” is made.
April 16, 2002
Douglas M. Hyndman
Chair
________________________________________________________________
(This part is for administrative purposes only and is not part of the Order)
Authority under which Order is made:
Act and sections:- Securities Act, s. 187(c)
Other (specify):-
BC INSTRUMENT 45-520
Exemption from National Instrument 43-101
Standards of Disclosure for Mineral Projects
Order Under Section 187(c) of the Securities Act
Definitions
Terms that are defined and interpreted in National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) have the same meanings and interpretations in this Instrument.
Exemption
Exemption from qualified person requirement - An issuer is exempt from the requirement in NI 43-101 that the author of a technical report or other information upon which disclosure of a scientific or technical nature is based be a member in good standing of a professional association, provided that the author:
(a) is a member of the Association of Geoscientists of Ontario;
(b) has applied to become a member of the Association of Professional Geoscientists of Ontario (“APGO”) and has not been denied membership; and
(c) otherwise meets the definition of qualified person in NI 43-101.
Exemption Expiry
This order expires on February 1, 2003.