Amendments to National Instrument 45-106 Prospectus Exemptions

AMENDMENTS TO NATIONAL INSTRUMENT 45-106PROSPECTUS EXEMPTIONS

1. National Instrument 45-106 Prospectus Exemptions is amended by this Instrument.

2. Section 1.1 is amended by repealing the definitions of "bank" and "Canadian financial institution".

3. Paragraph 2.43(a) is amended by

(a) adding "or" at the end of subparagraph (i),

(b) replacing "or," at the end of subparagraph (ii) with "and", and

(c) repealing subparagraph (iii).

4. This Instrument comes into force on September 13, 2023.