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2019-05-02

Draft Regulation to Amend Regulation 44-101 Respecting Short Form Prospectus Distributions

The securities regulator amends Regulation 44-101 to replace references to the legacy Sedar system with the [Renewed System]. These changes update definitions and filing requirements to ensure issuers use the new system for document delivery. The amendments also modify Form 44-101F1 to reflect the updated system's website address.

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Autorite des marches financiers Quebec

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REGULATION TO AMEND REGULATION 44-101 RESPECTING SHORT FORM PROSPECTUS DISTRIBUTIONS Securities Act (chapter V-1.1, s. 331.1, par. (1), (2) and (34))

  1. Section 1.1 of Regulation 44-101 respecting Short Form Prospectus Distributions (chapter V-1.1, r. 16) is amended by inserting, after the definition of the expression “permitted supranational agency”, the following: ““[Renewed System]” has the same meaning as in subsection 1(1) of Regulation 13-103 respecting System Replacement (insert reference);”.
  2. Section 2.2 of the Regulation is amended by replacing paragraph (a) with the following: “(a) the issuer is required or permitted to file or deliver documents through the [Renewed System];”.
  3. Sections 2.3 and 2.6 are amended by replacing, in paragraph (1), subparagraph (a) with the following: “(a) the issuer is required or permitted to file or deliver documents through the [Renewed System];”.
  4. Form 44-101F1 of the Regulation is amended: (1) by replacing, in item 1.3, “www.sedar.com” with “[insert website of Renewed System]”; (2) by replacing, in subparagraph (ii) of subparagraph (b) of paragraph (3) of item 11.6, “www.sedar.com” with “[insert website of Renewed System]”.
  5. This Regulation comes into force on (indicate here the date of coming into force of this Regulation).
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