81-508 - Revocation of Fund of Fund Exemptions, Waivers and Approvals under National Policy Statement No. 39 Mutual Funds and National Instrument 81-102 Mutual Funds [BCI]
| Published Date: | 2003-12-12 |
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| Effective Date: | 2003-12-31 |
| Document(s): |
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Concurrently Published:
The British Columbia Securities Commission, having considered it to be in the public interest, orders that the attached BC Instrument 81-508 entitled “Revocation of Fund of Fund Exemptions, Waivers and Approvals under National Policy Statement No. 39 Mutual Funds and National Instrument 81-102 Mutual Funds” is made, effective December 31, 2003.December 12, 2003
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: Securities Act, s. 171
Other (specify):
BC Instrument 81-508
Revocation of Fund of Fund Exemptions, Waivers and Approvals under
National Policy Statement No. 39Mutual Fundsand
National Instrument 81-102Mutual Funds
National Policy Statement No. 39Mutual Fundsand
National Instrument 81-102Mutual Funds
Order under Section 171 of the Act
Interpretation
1. Terms defined in the SecuritiesAct, the Securities Rules or National Instrument
14-101 Definitions have the same meaning in this Instrument.
Revocation of fund of fund relief
2.Effective December 31, 2004, each exemption or waiver from, or approval under, National Policy Statement No. 39 Mutual Funds or National Instrument 81-102 Mutual Funds obtained by a mutual fund prior to December 31, 2003, that relates to a mutual fund investing in another mutual fund, is revoked.
Effective date
3. This Instrument is effective December 31, 2003.