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2019-05-02

Regulation to Amend Regulation 11-102 Respecting the Passport System

The securities regulators have amended Regulation 11-102 (Passport System) to replace all references to the SEDAR filing system with a new "[Renewed System]" definition linked to Regulation 13-103. This update deletes the original SEDAR definition, revises filing requirements in sections 3.3 and Appendix D, and repeals superseded provisions in sections 3.5 and 4.8 to support the ongoing system transition. The revised framework takes effect on the designated coming-into-force date, ensuring uninterrupted compliance for reporting issuers and market participants.

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Autorite des marches financiers Quebec

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REGULATION TO AMEND REGULATION 11-102 RESPECTING PASSPORT SYSTEM Securities Act (chapter V-1.1, s. 331.1, par. (1), (2) and (34))

  1. Section 1.1 of Regulation 11-102 respecting Passport System (chapter V-1.1, r. 1) is amended: (1) by deleting the definition of the expression “SEDAR”; (2) by inserting, after the definition of the expression “prospectus”, the following: ““[Renewed System]” has the same meaning as in Regulation 13-103 respecting System Replacement (insert reference);”.
  2. Section 3.3 of the Regulation is amended: (1) by deleting, in subparagraph (b) of paragraph (1), the words “on SEDAR”; (2) by deleting, in subparagraph (b) of paragraph (2), “subject to section 3.5(2)” and the words “on SEDAR”.
  3. Section 3.5 of the Regulation is repealed.
  4. Sections 4.8 of the Regulation is repealed.
  5. Appendix D of the Regulation is amended by replacing the word “SEDAR” with “[Renewed System]” and “Regulation 13-101” with “Regulation 13-103”.
  6. This Regulation comes into force on (indicate here the date of coming into force of this Regulation).
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