Orders and Exemptions

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THE SECURITIES ACT
)
Order No. 3966
 
)
 
Section 19(5)
)
November 29, 2002

 

ERNEST DAVID JANZEN

 WHEREAS:

(A) By Order No. 3708 dated April 3, 2002, The Manitoba Securities Commission ("Commission") ordered, inter alia, that costs in the amount of $2,000.00 be paid by Janzen on or before June 15, 2002 ("Previous Order"), said time for payment thereafter extended to September 1, 2002 by Order No. 3795.

(B) Janzen has made a payment of $1,000.00 towards costs in this matter.

(C) Janzen has requested a further extension of time to pay costs.

(D) Upon considering the request of Janzen and staff’s consent, the Commission is of the opinion that it is in the public interest to make this order.

IT IS ORDERED:

1.  THAT the time to satisfy the payment of the outstanding balance of costs to the Commission by Janzen as initially set out in paragraph 2 of the Previous Order, said balance now being $1,000.00, be extended to January 31, 2003.

2.  THAT, in the event that Janzen fails to comply with the provision for payment of costs in the time period as ordered above, the issue of costs against Janzen shall be referred back to the panel for its determination.

BY ORDER OF THE COMMISSION

Director, Legal and Enforcement

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