Acts and Regulations

S-5.5 - Securities Act

Full text
Exemption order
105(1)The Commission may make an order, subject to such terms and conditions as it considers appropriate, exempting, in whole or in part, a person or class of persons from a requirement of this Part or of the regulations relating to this Part if
(a) the requirement conflicts with a requirement of the laws of the jurisdiction in which the reporting issuer is incorporated, organized or continued, or
(b) the Commission is of the opinion that to do so would not be prejudicial to the public interest.
105(2)An order under subsection (1) may be made on the application of an interested person or on the Commission’s own motion.
105(3)An order under subsection (1) may be retroactive in its operation.
2007, c.38, s.73
Exemption order
105(1)The Commission may make an order, subject to such terms and conditions as it considers appropriate, exempting, in whole or in part, a person or class of persons from a requirement of this Part or of the regulations relating to this Part if
(a) the requirement conflicts with a requirement of the laws of the jurisdiction in which the reporting issuer is incorporated, organized or continued, or
(b) the Commission is of the opinion that to do so would not be prejudicial to the public interest.
105(2)An order under subsection (1) may be made on the application of an interested person or on the Commission’s own motion.