THE MANITOBA SECURITIES COMMISSION MSC Rule No. 2013-13 (Section 149.1, The Securities Act) AMENDMENTS TO NATIONAL INSTRUMENT 44-102 SHELF DISTRIBUTIONS 1. National Instrument 44-102 Shelf Distributions is amended by this Instrument. 2. Section 2.3 is amended (a) in subsection (1), by (i) in the title, by replacing "Approved Rating Non-Convertible Securities" with "Designated Rating Non-Convertible Securities", (ii) replacing "approved rating non-convertible securities" with "designated rating non-convertible securities", (iii) replacing "an approved rating" wherever it occurs with "a designated rating", and (iv) replacing "approved rating organization" with "designated rating organization or its DRO affiliate". (b) in subsection (2), by (i) replacing "an approved rating" wherever it occurs with "a designated rating", and (ii) replacing "approved rating organization" with "designated rating organization or its DRO affiliate". (c) in subsection (3), by (i) replacing "approved rating" wherever it occurs with "designated rating", (ii) replacing "an approved rating" wherever it occurs with "a designated rating", (iii) in clause (b)(iv)(B), replacing "an approved rating organization" wherever it occurs with "a designated rating organization or its DRO affiliate", and (iv) in clause (b)(iv)(C), replacing "approved rating organization" wherever it occurs with "designated rating organization or its DRO affiliate". 3. Subsection 2.4(3) is amended by (a) replacing "approved rating" wherever it occurs with "designated rating", (b) replacing "an approved rating" wherever it occurs with "a designated rating", (c) replacing "an approved rating organization" wherever it occurs with "a designated rating organization or its DRO affiliate", and
- 2 - (d) replacing "any approved rating organization" wherever it occurs with "any designated rating organization or its DRO affiliate". 4. Section 2.6 is amended by (a) replacing "approved rating" wherever it occurs with "designated rating", (b) replacing "an approved rating" wherever it occurs with "a designated rating", (c) replacing "an approved rating organization" wherever it occurs with "a designated rating organization or its DRO affiliate", and (d) replacing "any approved rating organization" wherever it occurs with "any designated rating organization or its DRO affiliate". 5. This Instrument comes into force on May 31, 2013. 6. This Instrument may be cited as MSC Rule 2013-13.
You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.