Regulatory Alerts2021-10-07
Regulation to amend Regulation 13-102 respecting System Fees for SEDAR and NRD
The regulator amended Regulation 13-102 to update system fees for SEDAR and NRD filings, specifically setting the fee for combined simplified prospectus filings at $585.00 for issuers and $162.50 for fund facts documents. A transition provision allows investment funds to continue complying with the regulations as they stood on January 5, 2022, until September 6, 2022. The amendment generally comes into force on January 6, 2022, with a specific filing-based effective date for Saskatchewan.
REGULATION TO AMEND REGULATION 13-102 RESPECTING SYSTEM FEES FOR SEDAR AND NRD Securities Act (chapter V-1.1, s. 331.1, par. (9))
- Appendix B of Regulation 13-102 respecting System Fees for SEDAR and NRD (chapter V-1.1, r. 21) is amended by replacing the row corresponding to item 3 with the following: “ 3 Investment fund issuers/securities offerings Simplified prospectus and fund facts document (Regulation 81-101 respecting Mutual Fund Prospectus Disclosure (chapter V-1.1, r. 38)) $585.00, which applies in total to a combined filing, if one simplified prospectus is used to qualify the investment fund securities of more than one investment fund for distribution $162.50, which applies in total to a combined filing, if one simplified prospectus is used to qualify the investment fund securities of more than one investment fund for distribution ˮ.
- Transition Before 6 September 2022, an investment fund is not required to comply with the Regulation, as amended by this Regulation, if the investment fund complies with the following: a) the Regulation, as it was in force on 5 January 2022, and b) Regulation 81-101 respecting Mutual Fund Prospectus Disclosure (chapter V-1.1, r. 38), as it was in force on 5 January 2022.
- Effective Date (1) This Regulation comes into force on 6 January 2022. (2) In Saskatchewan, despite paragraph (1), if this Regulation is filed with the Registrar of Regulations after 6 January 2022, this Regulation comes into force on the day on which it is filed with the Registrar of Regulations.
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