Acts and Regulations

S-5.5 - Securities Act

Section 55
Disposition versions

Full text
Exemption order
55(1)The Commission may, subject to such terms and conditions as it considers appropriate, order that any trade, intended trade, security, derivative or person or any class of trades, intended trades, securities, derivatives or persons is not subject to section 45 if it is satisfied that to do so would not be prejudicial to the public interest.
55(2)An order under subsection (1) may be made on the application of an interested person, the Executive Director or on the Commission’s own motion.
55(3)An order under subsection (1) may be retroactive in its operation.
2007, c.38, s.28; 2008, c.22, s.18; 2013, c.43, s.18
Exemption order
55(1)The Commission may, subject to such terms and conditions as it considers appropriate, order that any trade, intended trade, security, exchange contract or person or any class of trades, intended trades, securities, exchange contracts or persons is not subject to section 45 if it is satisfied that to do so would not be prejudicial to the public interest.
55(2)An order under subsection (1) may be made on the application of an interested person or on the Commission’s own motion.
55(3)An order under subsection (1) may be retroactive in its operation.
2007, c.38, s.28; 2008, c.22, s.18
Exemption order
55(1)The Commission may, subject to such terms and conditions as it considers appropriate, order that any trade, intended trade, security or person or class of trades, intended trades, securities or persons is not subject to section 45 if it is satisfied that to do so would not be prejudicial to the public interest.
55(2)An order under subsection (1) may be made on the application of an interested person or on the Commission’s own motion.
55(3)An order under subsection (1) may be retroactive in its operation.
2007, c.38, s.28
Exemption order
55(1)The Commission may, subject to such terms and conditions as it considers appropriate, order that any trade, intended trade, security or person or class of trades, intended trades, securities or persons is not subject to section 45 if it is satisfied that to do so would not be prejudicial to the public interest.
55(2)An order under subsection (1) may be made on the application of an interested person or on the Commission’s own motion.