Draft Amendment to Policy Statement to Regulation 45-102 respecting Resale of Securities

AMENDMENTS TO POLICY STATEMENT TO REGULATION 45-102 RESPECTING RESALE OF SECURITIES

1. Section 1.1 of Policy Statement to Regulation 45-102 respecting Resale of Securities is amended by inserting, after paragraph (3), the following: “(4) Electronic transmission – Regulation 13-103 respecting System Replacement (insert reference) prescribes that each document that is required or permitted to be provided to a regulator, except in Québec, or securities regulatory authority must be transmitted to the regulator, except in Québec, or securities regulatory authority electronically through the [Renewed System]. The reference to a document includes any report, form, application, information, material and notice, as well as a copy thereof, and applies to documents that are required or permitted to be filed or deposited with, or delivered, furnished, sent, provided, submitted or otherwise transmitted to, a regulator, except in Québec, or securities regulatory authority. To reflect the phased implementation of the [Renewed System], the Appendix of Regulation 13-103 respecting System Replacement sets out securities legislation under which documents are excluded from being filed or delivered in the [Renewed System]. Reference to Regulation 13-103 respecting System Replacement should be made when providing any document to a regulator, except in Québec, or securities regulatory authority under Regulation 45-102 and this policy statement.”.
2. Section 1.16 of the Policy Statement is amended by replacing the word “SEDAR” with the words “[Renewed System]” and “Regulation 13-101 respecting System for Electronic Document Analysis and Retrieval (SEDAR) and the current CSA SEDAR Filer Manual (including code updates)” with “Regulation 13-103 respecting System Replacement and its Policy Statement”.