Regulation to amend Regulation 45-102 respecting Resale of Securities

Part 2 GAZETTE OFFICIELLE DU QUÉBEC, November 23, 2022, Vol. 154, No. 47 3879 2 7. A mutual fund dealer registered in Québec on December 31, 2022 becomes, without further formality and as of 1 January 2023, a member of the organization specified in section 9.2 of Regulation 31-103 respecting Registration Requirements, Exemptions and Ongoing Registrant Obligations (chapter V-1.1, r. 10). 8. This Regulation comes into force on 1 January 2023. 106036 M.O., 2022-12 Order number V-1.1-2022-12 of the Minister of Finance dated 7 November 2022 Securities Act (chapter V-1.1) Concerning t he Reg u lat ion t o a me nd Regulation 45-102 respecting Resale of Securities Whereas paragraph 1 of section 331.1 of the Securities Act (chapter V-1.1) provides that the Autorité des marchés financiers may make regulations concerning the matters referred to in that paragraph; Whereas the third and fourth paragraphs of section 331.2 of the said Act provide that a draft regula￾tion shall be published in the Bulletin de l’Autorité des marchés financiers, accompanied with the notice required under section 10 of the Regulations Act (chapter R-18.1) and may not be submitted for approval or be made before 30 days have elapsed since its publication; Whereas the first and fifth paragraphs of the said section provide that every regulation made under section 331.1 must be approved, with or without amend￾ment, by the Minister of Finance and comes into force on the date of its publication in the Gazette officielle du Québec or on any later date specified in the regulation; Whereas the Regulation 45-102 respecting Resale of Securities was approved by ministerial order no. 2005-21 dated 12 August 2005 (2005, G.O. 2, 3648); Whereas there is cause to amend this Regulation; Whereas the draft Regulation to amend Regulation 45-102 respecting Resale of Securities was published for consultation in the Bulletin de l’Autorité des marchés financiers, vol. 18, no. 30 of 29 July 2021; Whereas the Autorité des marchés financiers made, on 14 October 2022, by the decision no. 2022-PDG-0043, Regulation to amend Regulation 45-102 respecting Resale of Securities; Whereas there is cause to approve this Regulation with amendment; Consequently, the Minister of Finance approves with amendment the Regulation to amend Regulation 45-102 respecting Resale of Securities appended hereto. 7 November 2022 Eric Girard Minister of Finance © Éditeur officiel du Québec, 2022

3880 GAZETTE OFFICIELLE DU QUÉBEC, November 23, 2022, Vol. 154, No. 47 Part 2 REGULATION TO AMEND REGULATION 45-102 RESPECTING RESALE OF SECURITIES Securities Act (chapter V-1.1, s. 331.1, par. (1))

1. Appendix E of Regulation 45-102 respecting Resale of Securities (chapter V-1.1, r. 20) is amended by inserting, in the first paragraph and after the bullet “ – section 2.42 [Conversion, exchange or exercise – security of a reporting issuer] for a security being traded in the circumstances referred to in clause (b) of subsection 2.42 (1);” the following: “- section 5A.2 [Listed Issuer Financing Exemption];”.
2. This Regulation comes into force on the date of its publication in the Gazette officielle du Québec. 106032 M.O., 2022-11 Order number V-1.1-2022-11 of the Minister of Finance dated 7 November 2022 Securities Act (chapter V-1.1) Concerning t he Reg u lat ion t o a me nd Regulation 45-106 respecting Prospectus Exemptions Whereas paragraphs 1, 3, 8, 11, 14, 32.1, 32.2 and 34 of section 331.1 of the Securities Act (chapter V-1.1) provide that the Autorité des marchés financiers may make regulations concerning the matters referred to in those paragraphs; Whereas the third and fourth paragraphs of section 331.2 of the said Act provide that a draft regulation shall be published in the Bulletin de l’Autorité des marchés financiers, accompanied with the notice required under section 10 of the Regulations Act (chapter R-18.1) and may not be submitted for approval or be made before 30 days have elapsed since its publication; Whereas the first and fifth paragraphs of the said section provide that every regulation made under section 331.1 must be approved, with or without amend￾ment, by the Minister of Finance and comes into force on the date of its publication in the Gazette officielle du Québec or on any later date specified in the regulation; Whereas the Regulation 45-106 respecting Prospectus Exemptions was approved by ministerial order no. 2009-05 dated 9 September 2009 (2009, G.O. 2, 3362A); Whereas there is cause to amend this Regulation; Whereas the draft Regulation to amend Regulation 45-106 respecting Prospectus Exemptions was published for consultation in the Bulletin de l’Autorité des marchés financiers, vol. 18, no. 30 of 29 July 2021; Whereas the Autorité des marchés financiers made, on 14 October 2022, by the decision no. 2022-PDG￾0042, Regulation to amend Regulation 45-106 respecting Prospectus Exemptions; Whereas there is cause to approve this Regulation with amendment; Consequently, the Minister of Finance approves with amendment the Regulation to amend Regulation 45-106 respecting Prospectus Exemptions appended hereto. 7 November 2022 Eric Girard Minister of Finance © Éditeur officiel du Québec, 2022