Securities Law

62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues [NI - Rescinded]

Published Date: 2008-01-31
Effective Date: 2008-02-01
Rescinded Date: 2010-04-30
Document(s):

Concurrently Published:

Table of Contents

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APPENDIX B [REPEALED]

APPENDIX C [REPEALED]

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