Regulatory Alerts2020-11-12
Draft Amendments to Policy Statement to Regulation 41-101 Respecting General Prospectus Requirements
The securities regulators issued draft amendments to Policy Statement to Regulation 41-101 respecting General Prospectus Requirements. These changes specifically modify Section 5.9 to clarify the treatment of indirect acquisitions in Business Acquisition Reports. The amendment requires issuers to consider whether an indirect acquisition would be significant under Form 41-101F1 based on their proportionate interest in the business.
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