Regulation to Amend the Securities Regulation – Reducing Regulatory Burden for Investment Fund Issuers Phase 2 Stage 1

288 GAZETTE OFFICIELLE DU QUÉBEC, March 8, 2023, Vol. 155, No. 10 Part 2 Gouvernement du Québec O.C. 172-2023, 22 February 2023 Securities Act (chapter V-1.1) Securities —Amendment Concerning the Regulation to amend the Securities Regulation Whereas, under subparagraph 9 of the first paragraph of section 331 of the Securities Act (chapter V-1.1), the Autorité des marchés financiers may, by regulation, prescribe the fees payable for any formality provided for in the Act or the regulations and for services rendered by the Authority, and the terms and conditions of payment; Whereas the second paragraph of section 331 of the Act provides that a regulation made under that section is to be submitted to the Government for approval, with or without amendment; Whereas the Autorité des marchés financiers made the Regulation to amend the Securities Regulation by the decision no. 2021-PDG-0060 dated 17 November 2021; Whereas, in accordance with sections 10 and 11 of the Regulations Act (chapter R-18.1), the draft regulation to amend the Securities Regulation was published in Part 2 of the Gazette officielle du Québec of 6 April 2022, with a notice that it could be submitted to the Government for approval, with or without amendment, on the expiry of 45 days following that publication; Whereas it is expedient to approve the Regulation with amendments; It is ordered, therefore, on the recommendation of the Minister of Finance: That the Regulation to amend the Securities Regulation, attached to this Order in Council, be approved. Yves Ouellet Clerk of the Conseil exécutif REGULATION TO AMEND THE SECURITIES REGULATION Securities Act (chapter V-1.1, s. 331, 1st par., subpar. (9))

1. The Securities Regulation (chapter V-1.1, r. 50) is amended by replacing “all its assets” in the first paragraph of section 271 by “all or part of its assets”.
2. This Regulation comes into force on the fifteenth day following its publication in the Gazette officielle du Québec. 106151 © Éditeur officiel du Québec, 2023 Diffusion autorisée par Les Publications du Québec