Notice of Ministerial Approval of Amendments to OSC Rule 72-503 Distributions Outside Canada, National Instrument 45-102 Resale of Securities, and National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations

Notice of Ministerial Approval of Amendments to OSC Rule 72-503 Distributions Outside Canada, National Instrument 45-102 Resale of Securities, and National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations

Notice of Ministerial Approval OSC Rule
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NOTICE OF MINISTERIAL APPROVAL OF AMENDMENTS TO
ONTARIO SECURITIES COMMISSION RULE 72-503 DISTRIBUTIONS OUTSIDE CANADA,
NATIONAL INSTRUMENT 45-102 RESALE OF SECURITIES, AND
NATIONAL INSTRUMENT 31-103 REGISTRATION REQUIREMENTS, EXEMPTIONS
AND ONGOING REGISTRANT OBLIGATIONS

 

 

 

 

 

On May 1, 2018, the Ontario Minister of Finance approved, pursuant to section 143.3 of the Securities Act (Ontario), amendments to the following rules:

  • Ontario Securities Commission Rule 72-503 Distributions Outside Canada
  • National Instrument 45-102 Resale of Securities
  • National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Registrant Obligations (NI 31-103)

The NI 31-103 amendments included one correction adopted by the Commission: the word “and” is no  longer deleted at the end of paragraph 8.16(3)(a).

Other than the correction, these amendments, as well as changes to Companion Policy 72-503 Distributions Outside Canada, Companion Policy 45-102 Resale of Securities, and National Policy 11-206 Process for Cease to be a Reporting Issuer Applications, were published in the Bulletin on March 29, 2018. The corrected amendments and the changes are being published today in Chapter 5 of this Bulletin. 

These amendments and changes become effective on June 12, 2018.