Securities Law

62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues [NI - Rescinded]

Published Date: 2005-09-13
Effective Date: 2005-09-14
Document(s):

Concurrently Published:

Table of Contents

PART                   TITLE           

PART 1                DEFINITIONS AND INTERPRETATION
1.1                        Definitions
1.2                        Deemed Effective Control

PART 2                GENERAL RELIANCE AND REPORTING PROVISIONS
2.1                        Reliance on Reported Outstanding Shares
2.2                        Copies of News Release and Report
2.3                        No Duplication of News Releases or Reports

PART 3                EARLY WARNING REQUIREMENTS
3.1                        Contents of News Releases and Reports
3.2                        Filing Relief for Joint Actors
3.3                        Exemption from Early Warning Requirements for Mutual Fund Securities

PART 4                ALTERNATIVE MONTHLY REPORTING SYSTEM
4.1                        Exemption from the Early Warning Requirements
4.2                        Disqualification
4.3                        Reporting and Filing Requirements
4.4                        Restrictions on Acquisitions
4.5                        Filing Obligations under this Part
4.6                        Change Reports
4.7                        Contents of Reports
4.8                        Exemptions

PART 5                AGGREGATION RELIEF
5.1                        Separate Business Units
5.2                        Securities Held by an Investment Fund
5.3                        Reporting and Record Keeping
5.4                        No Requirement to Satisfy Insider Reporting Requirement

PART 6                ISSUER ACTIONS
6.1                        Issuer Actions

PART 7                UNDERWRITING EXEMPTION
7.1                        Underwriting Exemption 

PART 8                RELIEF FOR PLEDGEES
8.1                        Relief for Pledgees
8.2                        Further Relief for de minimis Pledgees
8.3                        Corresponding Insider Reporting Relief 

PART 9                INSIDER REPORTING EXEMPTION; EARLY WARNING DECREASE REPORTS
9.1                        Insider Reporting Exemption; Early Warning Decrease Reports

PART 10             MORATORIUM RELIEF
10.1                     Moratorium Relief

PART 11             EXEMPTIONS
11.1                     Exemptions

PART 12             EFFECTIVE DATE
12.1                     Effective Date

APPENDIX A      CONTROL BLOCK DISTRIBUTION DEFINITION
APPENDIX B      EARLY WARNING REQUIREMENTS
APPENDIX C      MORATORIUM PROVISIONS
APPENDIX D      SECURITY OWNERSHIP AND CONTROL PROVISIONS
APPENDIX E      REQUIRED DISCLOSURE IN NEWS RELEASE FILED UNDER EARLY WARNING REQUIREMENTS
APPENDIX F      REQUIRED DISCLOSURE IN NEWS RELEASE AND REPORT FILED BY AN ELIGIBLE INSTITUTIONAL INVESTOR UNDER SECTION 4.3
APPENDIX G      REQUIRED DISCLOSURE IN REPORT FILED BY AN ELIGIBLE INSTITUTIONAL INVESTOR UNDER PART 4