2019-05-02
Amendments to Policy Statement 62-203 Respecting Take-Over Bids and Issuer Bids
The Canadian securities regulators amended Policy Statement 62-203 to mandate the electronic transmission of documents to regulators under Regulation 13-103 respecting System Replacement. This requirement applies to all documents required or permitted to be filed with securities regulatory authorities, excluding those in Québec, through the Renewed System. The amendment ensures compliance with the phased implementation of the new system by referencing the specific exclusions outlined in the regulation's appendix.

AMENDMENTS TO POLICY STATEMENT 62-203 RESPECTING TAKE-OVER BIDS
AND ISSUER BIDS
- Policy Statement 62-203 respecting Take-Over Bids and Issuer Bids 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 this Policy Statement.”.