Acts and Regulations

S-5.5 - Securities Act

Full text
Power regarding hearings
23(1)When holding a hearing under this Act or the regulations, the Commission or any person to whom the power to hold hearings is delegated by the Commission has the same power to summon and enforce the attendance of witnesses, to compel witnesses to give evidence under oath or in any other manner and to compel witnesses to produce books, records, documents and things or classes of books, records, documents and things as the Court of King’s Bench has for the trial of civil actions.
23(2)On application to the Court of King’s Bench by the Commission or by any person to whom the power to hold hearings is delegated, the failure or refusal of a person to attend, to take an oath, to answer questions or to produce books, records, documents and things or classes of books, records, documents and things in the custody, possession or control of the person makes the person liable to be committed for contempt as if in breach of an order or judgment of the Court of King’s Bench.
23(3)The Commission may hold hearings within or outside New Brunswick.
23(4)The Commission may hold hearings in conjunction with other bodies empowered by statute to administer and regulate trading in securities, derivatives, and may consult with those bodies during the course of, or in connection with, the hearing.
23(5)The Commission may decide all questions of fact or law arising in the course of a hearing.
23(6)The Commission may receive in evidence any statement, document, record, information or thing that, in the opinion of the Commission, is relevant to the matter before it, whether or not the statement, document, record, information or thing is given or produced under oath or would be admissible as evidence in a court of law.
2007, c.38, s.15; 2008, c.22, s.4; 2013, c.31, s.36; 2013, c.43, s.4; 2023, c.17, s.253
Power regarding hearings
23(1)When holding a hearing under this Act or the regulations, the Commission or any person to whom the power to hold hearings is delegated by the Commission has the same power to summon and enforce the attendance of witnesses, to compel witnesses to give evidence under oath or in any other manner and to compel witnesses to produce books, records, documents and things or classes of books, records, documents and things as the Court of Queen’s Bench has for the trial of civil actions.
23(2)On application to the Court of Queen’s Bench by the Commission or by any person to whom the power to hold hearings is delegated, the failure or refusal of a person to attend, to take an oath, to answer questions or to produce books, records, documents and things or classes of books, records, documents and things in the custody, possession or control of the person makes the person liable to be committed for contempt as if in breach of an order or judgment of the Court of Queen’s Bench.
23(3)The Commission may hold hearings within or outside New Brunswick.
23(4)The Commission may hold hearings in conjunction with other bodies empowered by statute to administer and regulate trading in securities, derivatives, and may consult with those bodies during the course of, or in connection with, the hearing.
23(5)The Commission may decide all questions of fact or law arising in the course of a hearing.
23(6)The Commission may receive in evidence any statement, document, record, information or thing that, in the opinion of the Commission, is relevant to the matter before it, whether or not the statement, document, record, information or thing is given or produced under oath or would be admissible as evidence in a court of law.
2007, c.38, s.15; 2008, c.22, s.4; 2013, c.31, s.36; 2013, c.43, s.4
Power regarding hearings
23(1)When holding a hearing under this Act or the regulations, the Commission or any person to whom the power to hold hearings is delegated by the Commission has the same power to summon and enforce the attendance of witnesses, to compel witnesses to give evidence under oath or in any other manner and to compel witnesses to produce books, records, documents and things or classes of books, records, documents and things as the Court of Queen’s Bench has for the trial of civil actions.
23(2)On application to the Court of Queen’s Bench by the Commission or by any person to whom the power to hold hearings is delegated, the failure or refusal of a person to attend, to take an oath, to answer questions or to produce books, records, documents and things or classes of books, records, documents and things in the custody, possession or control of the person makes the person liable to be committed for contempt as if in breach of an order or judgment of the Court of Queen’s Bench.
23(3)The Commission may hold hearings within or outside New Brunswick.
23(4)The Commission may hold hearings in conjunction with other bodies empowered by statute to administer and regulate trading in securities, exchange contracts or commodities, and may consult with those bodies during the course of, or in connection with, the hearing.
23(5)The Commission may decide all questions of fact or law arising in the course of a hearing.
23(6)The Commission may receive in evidence any statement, document, record, information or thing that, in the opinion of the Commission, is relevant to the matter before it, whether or not the statement, document, record, information or thing is given or produced under oath or would be admissible as evidence in a court of law.
2007, c.38, s.15; 2008, c.22, s.4; 2013, c.31, s.36
Power regarding hearings
23(1)In relation to any hearing under this Act or the regulations, the Commission or any person to whom the power to hold hearings is delegated by the Commission has the same power to summon and enforce the attendance of witnesses, to compel witnesses to give evidence under oath or in any other manner and to compel witnesses to produce books, records, documents and things or classes of books, records, documents and things as the Court of Queen’s Bench has for the trial of civil actions.
23(2)On application to the Court of Queen’s Bench by the Commission or by any person to whom the power to hold hearings is delegated, the failure or refusal of a person to attend, to take an oath, to answer questions or to produce books, records, documents and things or classes of books, records, documents and things in the custody, possession or control of the person makes the person liable to be committed for contempt as if in breach of an order or judgment of the Court of Queen’s Bench.
23(3)The Commission may hold hearings within or outside New Brunswick.
23(4)The Commission may hold hearings in conjunction with other bodies empowered by statute to administer and regulate trading in securities, exchange contracts or commodities, and may consult with those bodies during the course of, or in connection with, the hearing.
23(5)The Commission may decide all questions of fact or law arising in the course of a hearing.
23(6)The Commission may receive in evidence any statement, document, record, information or thing that, in the opinion of the Commission, is relevant to the matter before it, whether or not the statement, document, record, information or thing is given or produced under oath or would be admissible as evidence in a court of law.
2007, c.38, s.15; 2008, c.22, s.4
Power regarding hearings
23(1)In relation to any hearing under this Act or the regulations, the Commission or any person to whom the power to hold hearings is delegated by the Commission has the same power to summon and enforce the attendance of witnesses, to compel witnesses to give evidence under oath or in any other manner and to compel witnesses to produce books, records, documents and things or classes of books, records, documents and things as the Court of Queen’s Bench has for the trial of civil actions.
23(2)On application to the Court of Queen’s Bench by the Commission or by any person to whom the power to hold hearings is delegated, the failure or refusal of a person to attend, to take an oath, to answer questions or to produce books, records, documents and things or classes of books, records, documents and things in the custody, possession or control of the person makes the person liable to be committed for contempt as if in breach of an order or judgment of the Court of Queen’s Bench.
23(3)The Commission may hold hearings within or outside New Brunswick.
23(4)The Commission may hold hearings in conjunction with other bodies empowered by statute to administer and regulate trading in securities or commodities, and may consult with those bodies during the course of, or in connection with, the hearing.
23(5)The Commission may decide all questions of fact or law arising in the course of a hearing.
23(6)The Commission may receive in evidence any statement, document, record, information or thing that, in the opinion of the Commission, is relevant to the matter before it, whether or not the statement, document, record, information or thing is given or produced under oath or would be admissible as evidence in a court of law.
2007, c.38, s.15
Power regarding hearings
23(1)In relation to any hearing under this Act, the Commission or any person to whom the power to hold hearings is delegated by the Commission has the same power to summon and enforce the attendance of witnesses, to compel witnesses to give evidence under oath or in any other manner and to compel witnesses to produce books, records, documents and things or classes of books, records, documents and things as the Court of Queen’s Bench has for the trial of civil actions.
23(2)On application to the Court of Queen’s Bench by the Commission or by any person to whom the power to hold hearings is delegated, the failure or refusal of a person to attend, to take an oath, to answer questions or to produce books, records, documents and things or classes of books, records, documents and things in the custody, possession or control of the person makes the person liable to be committed for contempt as if in breach of an order or judgment of the Court of Queen’s Bench.
23(3)The Commission may hold hearings within or outside New Brunswick.
23(4)The Commission may hold hearings in conjunction with other bodies empowered by statute to administer and regulate trading in securities or commodities, and may consult with those bodies during the course of, or in connection with, the hearing.
23(5)The Commission may decide all questions of fact or law arising in the course of a hearing.