Final Regulation to amend Regulation 45-102 respecting Resale of Securities

3674 GAZETTE OFFICIELLE DU QUÉBEC, September 15, 2021, Vol. 153, No. 37 Part 2 5(*8/$7,2172$0(1'5(8/$7,215(63(&7,17+(6<67(0 )25(/(&7521,&'2&80(17$1$/<6,6$1'5(75,(9$/6('$5

Securities Act
(chapter V-1.1, s. 331.1, par. (1) and (2))
Appendix A of Regulation 13-101 respecting the System for Electronic Document
Analysis and Retrieval (SEDAR) (chapter V-1.1, r. 2) is amended by replacing, in part II “2WKHU ,VVXHUV 5HSRUWLQJ1RQUHSRUWLQJ ”, section 4 of Item E “([HPSW 0DUNHW 2IIHULQJVDQG'LVFORVXUH” with the following:
“4. Offering document and report of exempt distribution required to be filed or delivered by an issuer under the start-up crowdfunding prospectus and registration exemptions. AB, SK, MB, QC, NB, PEI, NS, NL, YT, NWT, Nun ”. (1) This Regulation comes into force on September 21, 2021. (2) In Saskatchewan, despite paragraph 1, if this Regulation is filed with the Registrar of Regulations after September 21, 2021, this Regulation comes into force on the day on which it is filed with the Registrar of Regulations. 105257 M.O., 2021-12 Order number V-1.1-2021-12 of the Minister of Finance dated 31 August 2021 Securities Act (chapter V-1.1) Cඈඇർൾඋඇංඇ඀ the Regulation to amend Regula￾tion 45-102 respecting Resale of Securities Wඁൾඋൾൺඌ paragraphs 3, 11 and 14 of section 331.1 of the Securities Act (chapter V-1.1) provide that the Autorité des marchés fi nanciers may make regulations concerning the matters referred to in those paragraphs; Wඁൾඋൾൺඌ the third and fourth paragraphs of sec￾tion 331.2 of the said Act provide that a draft regulation shall be published in the Bulletin de l’Autorité des marchés fi nanciers, accompanied with the notice required under
section 10 of the Regulations Act (chapter R-18.1) and may
not be submitted for approval or be made before 30 days have elapsed since its publication; Wඁൾඋൾൺඌ the fi rst and fi fth paragraphs of the said
section provide that every regulation made under sec￾tion 331.1 must be approved, with or without amendment,
by the Minister of Finance and comes into force on the date of its publication in the Gazette offi cielle du Québec or on any later date specifi ed in the regulation; Wඁൾඋൾൺඌ the Regulation 45-102 respecting Resale of Securities was approved by ministerial order no. 2005-21 dated 12 August 2005 (2005, G.O. 2, 3648); Wඁൾඋൾൺඌ there is cause to amend this Regulation; Wඁൾඋൾൺඌ the draft Regulation to amend Regula￾tion 45-102 respecting Resale of Securities was published for consultation in the Bulletin de l’Autorité des marchés fi nanciers, vol. 17, no. 8 of 27 February 2020; Wඁൾඋൾൺඌ the revised text of the draft Regulation to amend Regulation 45-102 respecting Resale of Securities was published for information in the Bulletin de l’Autorité des marchés fi nanciers, vol. 18, no. 25 of 25 June 2021;

Part 2 GAZETTE OFFICIELLE DU QUÉBEC, September 15, 2021, Vol. 153, No. 37 3675
Wඁൾඋൾൺඌ the Autorité des marchés fi nanciers made, on 11 August 2021, by the decision no. 2021-PDG-0041, Regulation to amend Regulation 45-102 respecting Resale of Securities; Wඁൾඋൾൺඌ there is cause to approve this Regulation without amendment; Cඈඇඌൾඊඎൾඇඍඅඒ, the Minister of Finance approves without amendment the Regulation to amend Regula￾tion 45-102 respecting Resale of Securities appended hereto. 31 August 2021 Eඋංർ Gංඋൺඋൽ Minister of Finance 5(*8/$7,2172$0(1'5(8/$7,215(63(&7,15(6$/( 2)6(&85,7,(6 Securities Act (chapter V-1.1, s. 331.1, par. (3), (11) and (14))
Appendix D of Regulation 45-102 respecting Resale of Securities (chapter V-1.1, r. 20)
is amended by adding, after paragraph (2) before the heading “7UDQVLWLRQDO DQG 2WKHU 3URYLVLRQV”, the following paragraph:
“ Except in Manitoba, the exemption from the prospectus requirement in section 5 [Exemption from prospectus requirement for issuers] of Regulation 45-110 respecting Start-up Crowdfunding Registration and Prospectus Exemptions (insert reference).”. (1) This Regulation comes into force on September 21, 2021. (2) In Saskatchewan, despite paragraph 1, if this Regulation is filed with the Registrar of Regulations after September 21, 2021, this Regulation comes into force on the day on which it is filed with the Registrar of Regulations. 105258