Amendments to Policy Statement to Regulation 51-101 Respecting Standards of Disclosure for Oil and Gas Activities

AMENDMENTS TO POLICY STATEMENT TO REGULATION 51-101 RESPECTING STANDARDS OF DISCLOSURE FOR OIL AND GAS ACTIVITIES

1. Policy Statement to Regulation 51-101 respecting Standards of Disclosure for Oil and
   Gas Activities is amended by replacing, in the fourth opening paragraph, the word “SEDAR” with the words “[Renewed System]”.
2. The Policy Statement is amended by inserting, after section 1.4, the following:
   “1.5. 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 Regulation 51-101 and this Policy Statement.”.
3. Section 2.1 of the Policy Statement is amended:
   (1) by replacing “Regulation 13-101 respecting System for Electronic Document Analysis and Retrieval (SEDAR) and the current CSA “SEDAR Filer Manual”” with “Regulation 13-103 respecting System Replacement and its Policy Statement”; (2) by replacing, wherever it appears, the word “SEDAR” with the words “[Renewed System]”.
4. The Policy Statement is amended by replacing, wherever it appears in sections 2.4 and
   5.2, the word “SEDAR” with the words “[Renewed System]”.