Regulation to amend Regulation 81-102 respecting Investment Funds

REGULATION TO AMEND REGULATION 81-102 RESPECTING INVESTMENT FUNDS Securities Act (chapter V-1.1, s. 331.1, par. (3), (32.0.1) and (34))

1. Section 9.4 of Regulation 81-102 respecting Investment Funds (chapter V-1.1, r. 39) is amended: (1) by inserting the following before paragraph (1) : “(0.1) In subsections (1), (2), and (4), “reference settlement date” means the earlier of: (a) the business day determined by the mutual fund and disclosed in writing to the principal distributor or participating dealer referred to in subsection (1), or to the person referred to in subsection (1) providing services to the principal distributor or participating dealer, and (b) the second business day after the pricing date.”; (2) by replacing “second business day after the pricing date”, in paragraph (1), by “reference settlement date”; (3) by replacing “second business day after the pricing date”, in paragraph (2), by “reference settlement date”; (4) in paragraph (4): (a) by replacing “second business day after the pricing date”, in the text before subparagraph (a), by “reference settlement date”; (b) by replacing “third business day after the pricing date”, in paragraph (a), by “next business day after the reference settlement date”.
2. Effective Date (1) This Regulation comes into force on (indicate here the date of coming into force of this Regulation). (2) In Saskatchewan, despite paragraph (1), if this Regulation is filed with the Registrar of Regulations after (indicate here the date of coming into force of this Regulation), this Regulation comes into force on the day on which it is filed with the Registrar of Regulations.