45-522 - Exemption from Requirement to file Reports of Exempt Distribution [BCI - Rescinded]
Published Date: | 2004-04-22 |
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Effective Date: | 2004-02-22 |
Rescinded Date: | 2009-09-28 |
April 21, 2004
Douglas M. Hyndman
Chair
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(This part is for administrative purposes only and is not part of the Order)
Authority under which Order is made:
Act and sections:-187
Other (specify):- Rules, s.139
BC Instrument 45-522
Exemption from Requirement to file Reports of Exempt Distribution
Order Under Section 187 of theSecurities Act
Interpretation
1.Terms defined in the SecuritiesAct, the Securities Rules or National Instrument 14-101 Definitions have the same meaning in this Instrument.
Exemption from filing reports
2. An issuer that distributes a security under section 74 (2) (8), (9), (10), (11) (i), (14), (24), (25) or (26) of the Act or section 128 (g) of the Rules is exempt from the requirements of section 139 (2) of the Rules.
Variation of filing deadline
3. Section 139 (5) of the Rules is varied to say “An issuer that distributes a security under section 74(2)(19) of the Act must file a report in the required form within 30 days after the end of the issuer’s financial year in which the distribution took place”.