Acts and Regulations

S-5.5 - Securities Act

Full text
List of defaulting reporting issuers
2007, c.38, s.63
97The Commission may publish a list of reporting issuers that are in default.
2007, c.38, s.64
Certificate regarding reporting issuer
97(1)On the application of any person, the Commission may issue a certificate
(a) that an issuer is not a reporting issuer, or
(b) that a reporting issuer is not in default of any requirement under this Act or the regulations.
97(2)A list of defaulting reporting issuers shall be maintained by the Commission and shall be made available for public inspection at the Commission offices during the normal business hours of the Commission.
97(3)Subject to subsection (4), a person may rely on a certificate issued under paragraph (1)(a) to determine that an issuer is not a reporting issuer and may rely on a certificate issued under paragraph (1)(b) or the list maintained under subsection (2) to determine that a reporting issuer is not in default of any requirement under this Act or the regulations.
97(4)No person who knows or ought reasonably to know that a reporting issuer is in default of any requirement under this Act or the regulations may rely on a certificate issued under paragraph (1)(b) or the list maintained under subsection (2) to determine that the reporting issuer is not in default of any requirement under this Act or the regulations.