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THE SECURITIES ACT |
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Order No. 7360 |
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Section 20(1) |
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June 30, 2016 |
Blanket Order 45-504
Exemptions from Certain Requirements in Form 45-106F1
Report of Exempt Distribution
WHEREAS:
(A) Terms defined in the Securities Act (Manitoba) (the Act), National Instrument 14-101 Definitions or National Instrument 45-106 Prospectus Exemptions (NI 45-106) have the same meaning in this Instrument.
(B)
Effective
June 30, 2016, the Commission amended NI 45-106
to require that issuers filing a report of exempt distribution under section
6.1 of
NI 45-106 must file the report on Form 45-106F1 Report of Exempt Distribution
(Form 45-106F1).
(C) The Commission is of the opinion that it is not prejudicial to the public interest to make this order.
IT IS ORDERED:
1. That, pursuant to subsection 20(1) of the Act, clauses (f)1. and (f)2. of Schedule 1 of Form 45-106F1 do not apply if one or more of the following apply:
a) the issuer is a foreign public issuer;
b) the issuer is a wholly owned subsidiary of a foreign public issuer;
c) the issuer is distributing eligible foreign securities only to permitted clients.
BY ORDER OF THE COMMISSION
Director, General Counsel