Notice of Correction: NI - 45-106 - Prospectus and Registration Exemptions

Notice of Correction: NI - 45-106 - Prospectus and Registration Exemptions

National Instrument Notice of Correction

NOTICE OF CORRECTION
TO PUBLISHED VERSIONS OF
NATIONAL INSTRUMENT 45-106 PROSPECTUS
AND REGISTRATION EXEMPTIONS

AND

COMPANION POLICY 45-102CP
RESALE OF SECURITIES

AND

AMENDMENT INSTRUMENT AMENDING
OSC RULE 13-502 FEES

There are three corrections to the Ontario Securities Commission Bulletin 2836, Supplement 4 published on September 9, 2005.

Correction to NI 45-106

The last five words of subsection 4.1(4) of National Instrument 45-106 Prospectus and Registration Exemptions were inadvertently omitted. The section should read as follows:

 

(4) An eligible institutional investor that makes a distribution in reliance on subsection (3) must file a letter within 10 days after the distribution that describes the date and size of the distribution, the market on which it was made and the price at which the securities being distributed were sold.

Correction to Companion Policy 45-102CP Amendments

There is an incorrect reference to "NI 45-106" in the last sentence of subsection 1.3(2) of Companion Policy 45-102CP Resale of Securities as set out in paragraph 1.1(d) of the amendments to the Companion Policy 45-102CP. The sentence should read as follows:

 

We have added language to Item 3. of subsection 2.5(2) of NI 45-102 to clarify that the legend requirement in NI 45-102 will only apply to securities distributed in Quebec on or after NI 45-106 comes into effect on September 14, 2005.

Correction to OSC Rule 13-502 Amendments

The section numbers in the amendment instrument amending OSC Rule 13-502 Fees are incorrectly identified as sections 12, 13, 14 and 15. They should be identified as sections 1, 2, 3 and 4.