Notice

Amendments to National Instrument 51-102 Continuous Disclosure Obligations, Form 51-102F2 Annual Information Form and Form 51-102F5 Information Circular came into force on December 31, 2007.

The Securities Commission (Adoption of National Instruments) Amendment Regulations, 2007 (No. 6) came in to force on December 31, 2007.  The regulations adopt amendments to National Instrument 51-102 Continuous Disclosure Obligations (NI 51-102), Form 51-102F2 Annual Information Form and Form 51-102F5 Information Circular (the Forms).

The amendments to NI 51-102 and the Forms will reduce the requirement for issuers to disclose cease trade orders and similar orders issued against companies that the directors, executive officers and significant shareholders of the issuer were involved with.  The amendments update the provisions of NI 51-102 and the Forms by revising the definitions of venture issuer and approved rating organizations and repeal the definition of investment fund and non-redeemable investment fund.  The amendments also clarify the provisions relating to prospectus level disclosure required in certain circumstances and what information is to be included in an annual information form. 

The Commission regulations also make consequential amendments to National Instrument 51-107, Multilateral Instrument 52-109, Multilateral Instrument 52-110, National Instrument 58-101 and National Instrument 71-102.

 

 

December 31, 2007

Contact: 

Ian McIntosh

Deputy Director, Corporate Finance
Saskatchewan Financial Services Commission
(306) 787-5867