2019-05-02
Amendments to Policy Statement to Regulation 61-101 Respecting Protection of Minority Security Holders in Special Transactions
The Canadian securities regulators amended the Policy Statement to Regulation 61-101 to incorporate electronic transmission requirements for documents submitted to regulators. The amendment mandates that all filings, except in Québec, must be transmitted electronically through the Renewed System as prescribed by Regulation 13-103 respecting System Replacement. This change ensures alignment with the phased implementation of the new system and clarifies that the definition of a document includes any report, form, application, or notice required to be filed or delivered.

AMENDMENTS TO POLICY STATEMENT TO REGULATION 61-101 RESPECTING
PROTECTION OF MINORITY SECURITY HOLDERS IN SPECIAL TRANSACTIONS
- Policy Statement to Regulation 61-101 respecting Protection of Minority Security
Holders in Special Transactions is amended by inserting, after section 1.1, the following:
“1.2. 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 the Regulation and this Policy Statement.”.