71-501 - The Company Act and the Multijurisdictional Disclosure System [BCI]
1. the attached BC Instrument 71-501 entitled “The Company Act and the Multijurisdictional Disclosure System” is made; and
2. BOR #98/14 is revoked.
DATED at Vancouver, British Columbia, on March 29, 2001.
Brent W. Aitken
(This part for administrative purposes only and is not part of the Order)
Authority under which Order is made:
Act and sections:- CompanyAct, section 87(2), 171
BC INSTRUMENT 71-501 (Previously BOR#98/14)
THE COMPANY ACT AND THE MULTIJURISDICTIONAL DISCLOSURE SYSTEM
Order Under Section 87(2) of theCompany Act
Exemption for U.S. Issuers Under MJDS Using a Trust Indenture
If a U.S. issuer issues or guarantees a debenture distributed under a prospectus, issuer bid circular or take over bid circular that complies with the Securities Act and National Instrument 71-101 The Multijurisdictional Disclosure System, the related trust indenture is exempted from sections 86 to 97 of the Company Act.