Securities Law

52-110 - Audit Committees [NI Amendment Proposed - Lapsed]

Published Date: 2008-12-19
Document(s):

Concurrently Published:

Table of Contents


PART 1 DEFINITIONS AND APPLICATION
1.1 Definitions
1.2 Application
1.3 Subsidiary entity and control
1.4 Independence
1.5 Financial literacy

PART 2 AUDIT COMMITTEE REQUIREMENTS
2.1 Audit committee
2.2 Relationship with external auditors
2.3 Responsibilities
2.4 Exemption for minimal non-audit services
2.5 Delegation of approval function
2.6 Approval policies and procedures

PART 3 COMPOSITION OF THE AUDIT COMMITTEE
3.1 Application
3.2 Composition
3.3 Initial public offerings
3.4 Events outside control of member
3.5 Death, disability or resignation of member
3.6 Becoming a non-venture issuer
3.7 Certain reverse takeovers
3.8 Temporary exemption for limited and exceptional circumstances
3.9 Acquisition of financial literacy
3.10 Restriction on use of certain exemptions

PART 4 AUTHORITY OF THE AUDIT COMMITTEE
4.1 Authority

PART 5 REPORTING OBLIGATIONS
5.1 Non-venture issuers
5.2 Venture issuers

PART 6 U.S. LISTED ISSUERS
6.1 U.S. listed issuers

PART 7 EXEMPTIONS
7.1 Exemptions
 
PART 8 EFFECTIVE DATE AND REPEAL
8.1 Effective date
8.2 Repeal

FORM 52-110F1 AUDIT COMMITTEE DISCLOSURE BY NON-VENTURE ISSUERS
FORM 52-110F2 AUDIT COMMITTEE DISCLOSURE BY VENTURE ISSUERS