Urquhart, Diane A.

IN THE MATTER OF

THE SECURITIES ACT

R.S.O. 1990, c.S.5, as am.[the "Act"]

AND

AN APPLICATION BROUGHT BYDIANE A. URQUHART

PURSUANT TO s.-s.122(7) OFTHE ACT [the "Application"]

ORDER

WHEREAS, by letter dated December 6,2002, Diane A. Urquhart (the "Applicant") requestedthe consent of the Ontario Securities Commission (the "Commission")under s.-s.122(7) of the Act to commence a proceeding unders.122 of the Act;

AND WHEREAS the Commission has consideredthe evidence and written submissions filed by the Applicantin support the Application;

AND WHEREAS the Commission has consideredthe written submissions filed by Staff of the Commission;

AND WHEREAS the Application was heardon December 19, 2002;

AND WHEREAS the Commission has consideredthe oral submissions made by the Applicant and by Staff of theCommission;

IT IS HEREBY ORDERED, pursuant to s.-s.122(7)of the Act, that the Application is dismissed with reasons tofollow.

January 8, 2003.

"H. Lorne Morphy"                    "RobertW. Davis"