Notice of Final Amendment (effective July 1, 1999): NI - 14-101 - National Definitions

PART 1 AMENDMENTS

1.1 Amendments

(1) National Instrument 14-101 Definitions is amended by

(a) adding the words "or multilateral instrument" after the words"national instrument" every place they appear in section 1.1except in the definition of "national instrument";

(b) deleting subsection 1.1(2) and replacing it with the following:

(2) A provision or reference within a provision of a national instrument ormultilateral instrument that specifically refers by name to one or morejurisdictions other than the local jurisdiction shall not have any effectin the local jurisdiction, unless otherwise stated in the nationalinstrument or multilateral instrument.;

(c) amending the definition of "1933 Act" in subsection 1.1(3) byadding the words ",as amended from time to time" followingthe word "America";

(d) amending the definition of "1934 Act" in subsection 1.1(3) byadding the words ",as amended from time to time" followingthe word "America";

(e) adding the following definition to subsection 1.1(3) after thedefinition of "1934 Act":

"adviser registration requirement" means the requirement insecurities legislation that prohibits a person or company fromacting as an adviser unless the person or company isregistered in the appropriate category of registration undersecurities legislation;

(f) adding the following definitions to subsection 1.1(3) after thedefinition of "CSA":

"dealer registration requirement" means the requirement insecurities legislation that prohibits a person or company fromtrading in a security unless the person or company isregistered in the appropriate category of registration undersecurities legislation;

"equity security" has the meaning ascribed to that term insecurities legislation;

(g) adding the following definitions to subsection 1.1(3) after thedefinition of "implementing law of a jurisdiction":

"insider reporting requirement" means the requirement insecurities legislation for an insider of a reporting issuer to filereports disclosing the insider's direct or indirect beneficialownership of, or control or direction over, securities of thereporting issuer;

"issuer bid" has the meaning ascribed to that term in securitieslegislation;

(h) adding the following definition to subsection 1.1(3) after thedefinition "local jurisdiction":

"multilateral instrument" means an instrument described by theCSA as a multilateral instrument, and adopted or made by thesecurities regulatory authority;

(i) adding the following definition to subsection 1.1(3) after thedefinition of "national instrument":

"networking notice requirement" means the requirement insecurities legislation that a registrant give written notice to thesecurities regulatory authority or regulator before entering intoa networking arrangement;

(j) adding the following definitions to subsection 1.1(3) after thedefinition of "person or company":

"prospectus requirement" means the requirement in securitieslegislation that prohibits a person or company from distributinga security unless a preliminary prospectus and prospectus forthe security have been filed and receipts obtained for them;

"registration requirement" means the requirement in securitieslegislation that prohibits a person or company from trading ina security or acting as an underwriter or an adviser unless theperson or company is registered in the appropriate category ofregistration under securities legislation;

(k) deleting the word "and" following the definition of "securitiesregulatory authority" in subsection 1.1(3) and adding thefollowing definitions to subsection 1.1(3) after the definition of"SRO":

"take-over bid" has the meaning ascribed to that term insecurities legislation;

"underwriter registration requirement" means the requirementin securities legislation that prohibits a person or companyfrom acting as an underwriter unless the person or company isregistered in the appropriate category of registration undersecurities legislation; and

"U.S. federal securities law" means the federal statutes of theUnited States of America concerning the regulation ofsecurities markets and trading in securities and the regulations,rules, forms and schedules under those statutes, all asamended from time to time; and

(l) replacing the words "Securities Registry, Government of theNorthwest Territories" opposite "Northwest Territories" inAppendix C with the words "Registrar of Securities, NorthwestTerritories".

PART 2 EFFECTIVE DATE

2.1 Effective Date - This Amendment comes into force on July 1, 1999.