THE MANITOBA SECURITIES COMMISSION
MSC RULE 2021-2
(Section 149.1, The Securities Act)
AMENDMENTS TO MULTILATERAL INSTRUMENT 45-108 CROWDFUNDING
The securities regulatory authorities in British Columbia, Prince Edward Island, Newfoundland and Labrador, Northwest Territories, Yukon Territory and Nunavut are not proposing these consequential amendments because Multilateral Instrument 45-108 Crowdfunding does not apply in these jurisdictions. |
1. Multilateral Instrument 45-108 Crowdfunding is amended by this Instrument.
2. Form 45-108F1 Crowdfunding Offering Document is amended by replacing the heading “Non-GAAP financial measures” and the paragraph that follows this heading, in the “Instructions related to financial statement requirements and the disclosure of other financial information” of Schedule A with the following:
Non-GAAP financial measures and other financial measures - An issuer that intends to disclose financial measures that are subject to National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure in its crowdfunding offering document should refer to the requirements set out in that Instrument..
3. This Instrument comes into force on August 25, 2021.
4. This Instrument may be cited as MSC Rule 2021-2.