RegAlert

Rule · AMF · 7 Oct 2021

Regulation to Amend Regulation 41-101 Respecting General Prospectus Requirements

disclosure

The regulator amends Regulation 41-101 to define the statutory right of action for prospectus liability in British Columbia and Saskatchewan. The amendment specifies that section 135 of the British Columbia Securities Act applies in that province, while section 141 of The Securities Act, 1988 applies in Saskatchewan. These changes come into force on January 5, 2022, with a delayed effective date for Saskatchewan if filed after that date.

CanadaAutorite des marches financiers Quebec

REGULATION TO AMEND REGULATION 41-101 RESPECTING GENERAL PROSPECTUS REQUIREMENTS Securities Act (chapter V-1.1, s. 331.1, par. (4.1) and (14))

  1. Section 3C.7 of Regulation 41-101 respecting General Prospectus Requirements (chapter
    V-1.1, r. 14) is amended by adding, after paragraph (6), the following:
    “(7) In British Columbia, for the purpose of subsection (1), “statutory right of action” means section 135 of the Securities Act (R.S.B.C. 1996, c. 418). “(8) In Saskatchewan, instead of subsection (1), section 141 of The Securities Act, 1988 (SS 1988-89, c S-42.2) applies.”.
  2. Effective date
    (1) This Regulation comes into force on 5 January 2022.
    (2) In Saskatchewan, despite paragraph (1), if this Regulation is filed with the Registrar of Regulations after 5 January 2022, this Regulation comes into force on the day on which it is filed with the Registrar of Regulations.

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RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

Securities Act, chapter V-1.1(Québec) (Loi sur les valeurs mob…1982 · CA-LAWSecurities Act, chapter V-1.1 (Québec) (Loi sur les valeurs mobilières) (1982-12-16)Regulation to Amend Regulation41-101 Respecting General Pro…2021-10-07 · this documentRegulation to Amend Regulation 41-101 Respecting General Prospectus Requirements (2021-10-07)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
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Source: Autorite des marches financiers Quebec — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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