2023-06-01

Amendment to Policy Statement to Regulation 81-106 respecting Investment Fund Continuous Disclosure

Canadian securities regulators amended Policy Statement 81-106 to align investment fund continuous disclosure requirements with the phased implementation of the System for Electronic Data Analysis and Retrieval + (SEDAR+). Section 1.6 was replaced to mandate that documents required or permitted to be provided to regulators, except in Québec, must be transmitted electronically through SEDAR+. Additionally, Section 8.2 was updated to replace references to non-SEDAR systems with non-SEDAR+ to reflect the new electronic filing infrastructure.

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AMENDMENTS TO POLICY STATEMENT TO REGULATION 81-106 RESPECTING INVESTMENT FUND CONTINUOUS DISCLOSURE

  1. Policy Statement to Regulation 81-106 respecting Investment Fund Continuous Disclosure is amended by replacing section 1.6 by the following: “1.6. Electronic Transmission to a Regulator, except in Québec, or Securities Regulatory Authority Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) (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 System for Electronic Data Analysis and Retrieval + (SEDAR+). 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 SEDAR+, the Appendix of Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) sets out securities legislation under which documents are excluded from being filed or delivered in SEDAR+. Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) should be consulted when providing any document to a regulator, except in Québec, or securities regulatory authority under the Regulation and this Policy.”.
  2. Section 8.2 of the Policy Statement is amended by replacing “non-SEDAR”, in paragraph (4), by “non-SEDAR+”.