Government of Saskatchewan Western Red Lilies
Financial Services Commission
   Securities Division

 
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Notice

Status of The Securities Amendment Act, 2007

All of the provisions of The Securities Amendment Act, 2007 are in force, except for the following provisions:

Amendment Act The Securities Act, 1988 In force
subsection 3(19) Repeals subsections 2(7), (8) and (9) of the Act with NI 55-101 Insider Reporting
subsection 10(3) Adds new subsection 21(5.1) "Self-regulatory organizations" not proclaimed in force
section 15 Repeals section 32 "Address for service" with NI 31-103 Registration Requirements
section 16 Repeals section 35 "Residence" with NI 31-103 Registration Requirements
section 32 Repeals sections 79 and 80.  the part repealing section 79 will not be proclaimed in force.
section 42 Repeals sections 117 "Report of transfer by insider" and 118 "Report of transfer by agent" with NI 55-101 Insider Reporting
subsection 56(1) Amends clause 141(2)(a) to substitute reference "in compliance with subsection 79(1)" with "in accordance with the regulations". will not be proclaimed in force, because section 79 is not repealed.
section 58 Repeals section 145 "Rescission of purchase of mutual fund security With implementation of "point of sale" disclosure for investment funds.  See Proposed Framework 81-406 Point of Sale Disclosure for Mutual Funds and Segregated Funds

March 17, 2008

 Contact: 

Barbara Shourounis 
Director, Securities Division
(306) 787-5842
bshourounis@sfsc.gov.sk.ca