THE MANITOBA SECURITIES COMMISSION MSC RULE 2004-** (Section 149.1, The Securities Act) LOCAL RULE 52-807 IMPLEMENTING NATIONAL INSTRUMENT 52-107 ACCEPTABLE ACCOUNTING PRINCIPLES, AUDITING STANDARDS and REPORTING CURRENCY PART 1 – DEFINITIONS Definitions 1.1 In this Rule: (a) “NI 52-107" means National Instrument 52-107 Acceptable Accounting Principles, Auditing Standards and Reporting Currency. PART 2 – DESIGNATION OF INSTRUMENTS Exemption from certain provisions of Parts X and XII of the Act 2.1(1) An issuer that complies with NI 52-107 is exempt from the provisions of The Securities Act specified in subsection (2) and the provisions of the Securities Regulation specified in subsection (3); 2.1(2) Section 47 of The Securities Act is specified for the purpose of subsection (1): 2.1(3) The following provisions of the Securities Regulation are specified for the purpose of subsection (1): (a) 25(1)(k)(ii) (b) 25(1)(k)(iii) (c) 25(1)(u); and (d) 34.
-2 -PART 3 – CITATION AND EFFECTIVE DATE CITATION 3.1 This Rule may be cited as MSC Rule 2004-** or Local Rule 52-807. Coming Into force 3.2 This Rule comes into force on March 30, 2004.
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