Regulatory Alerts2019-05-02
Draft Regulation to amend Regulation 58-101 respecting Disclosure of Corporate Governance Practices
The securities regulator issued this draft regulation to update terminology within Regulation 58-101 regarding the disclosure of corporate governance practices. The amendment replaces references to the legacy SEDAR system with the term "[Renewed System]" to align with the new System Replacement framework. These changes apply to the definition of SEDAR, specific instructions in Form 58-101F1, and related sections of the primary regulation.
REGULATION TO AMEND REGULATION 58-101 RESPECTING DISCLOSURE OF CORPORATE GOVERNANCE PRACTICES Securities Act (chapter V-1.1, s. 331.1, par. (1), (2) and (34))
- Section 1.1 of Regulation 58-101 respecting Disclosure of Corporate Governance Practices (chapter V-1.1, r. 32) is amended by replacing the definition of the expression “SEDAR” with the following: ““[Renewed System]” has the same meaning as in Regulation 13-103 respecting System Replacement (insert reference);”.
- Section 2.3 of the Regulation is amended by deleting the words “on SEDAR”.
- Form 58-101F1 of the Regulation is amended by replacing, in instruction (5), the word “SEDAR” with the words “[Renewed System]”.
- This Regulation comes into force on (indicate here the date of coming into force of this Regulation).
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