Ontario Regulation 215/04 Amending Reg. 1015

ONTARIO REGULATION

MADE UNDER THE

SECURITIES ACT

AMENDING REG. 1015 OF R.R.O. 1990

(GENERAL)

Note: Regulation 1015 has previously been amended. Those amendments are listed in the Table of Regulations -- Legislative History Overview which can be found at www.e-laws.gov.on.ca.

1.

(1) Subsection 2 (2) of Regulation 1015 of the Revised Regulations of Ontario, 1990 is revoked.

(2) Subsections 2 (5), (6) and (7) of the Regulation are revoked.

2.

(1) Subsection 3 (1) of the Regulation is revoked.

(2) Subsection 3 (1.1) of the Regulation is amended by striking out "that is not an investment fund" in the portion before clause (a).

3. Clause 4 (a) of the Regulation is amended by adding "or" at the end of subclause (i) and by revoking subclauses (ii) and (iii) and substituting the following:

(ii) Item 7 of Form 51-102F3 of National Instrument 51-102 Continuous Disclosure Obligations; or

4. Section 6 of the Regulation is revoked.

5. Sections 83 to 94 of the Regulation are revoked.

6. Part IX of the Regulation is revoked.

7.

(1) Paragraph 8 of subsection 240 (2) of the Regulation is revoked and the following substituted:

8. The sale or redemption of securities of mutual funds.

(2) Paragraph 9 of subsection 240 (2) of the Regulation is revoked.

9. Form 27 to the Regulation is revoked.

10. Form 30 to the Regulation is revoked.

11. This Regulation comes into force on the day that the rule made by the Ontario Securities Commission on January 25, 2005 entitled "National Instrument 81-106 Investment Fund Continuous Disclosure" comes into force.

Made by:

Ontario Securities Commission:

"Robert L. Shirriff"

Robert L. Shirriff, Commissioner

"Paul M. Moore"

Paul M. Moore, Vice-Chair

Date made: January 25, 2005

I certify that I have approved this Regulation.

"Gerry Phillips"

Chair of the Management Board of Cabinet

Date approved: May 2, 2005

Note: The rule made by the Ontario Securities Commission on January 25, 2005 entitled "National Instrument 81-106 Investment Fund Continuous Disclosure" comes into force on June 1, 2005.