Provisions of
The Securities Amendment Act, 2007 come into force on
March 17, 2008
The following
provisions of The
Securities Amendments Act, 2007 come into
force on March 17, 2008, the same date that National Instrument
41-101 Prospectus Requirements comes into force:
|
Amendment
Act |
The
Securities Act, 1988 |
|
section 25 |
Adds new
subsection 60.1 "Conditions on receipt for preliminary
prospectus and prospectus |
|
section 26 |
Repeals
the following sections:
-
62
"Amendment to preliminary prospectus on material change"
-
63
"Amendment to prospectus on material change"
-
64
"Receipt for amendment"
-
65
"Certificate of statement of rights"
-
66
"Certificate by issuer for distribution"
-
67
"Certificate of underwriter"
-
68
"Alternative certificates"
-
69
"Statement of rights"
|
|
section 27 |
Repeals
and substitutes new section 70 "Receipt for prospectus" |
|
section 28 |
Repeals
section 71"Refiling of prospectus" |
|
section 29 |
Repeals
sections 74 "Distribution of preliminary prospectus" and 75
"Distribution list" |
|
section 30 |
Amends
section 76 "Defective preliminary prospectus" |
|
section 31 |
Amends
section 78 "Order to cease trading" |
|
section 32 |
Repeals 80
"Obligation to deliver amended prospectus"
Note:
section 79 will not be repealed |
|
section 33 |
Adds new
section 80.01 "Revocation of purchase" |
March 17, 2008
Contact:
Barbara Shourounis
Director, Securities Division
(306) 787-5842
