BCSC Adopts Exemptions To New Form Of Exempt Distribution Report


Effective October 3, 2011, the British Columbia Securities Commission (BCSC) adopted a new form for reports of exempt distribution, Form 45-106F6 British Columbia Report of Exempt Distribution (Form 45-106F6).

Consequently, an issuer distributing securities in British Columbia under certain prospectus exemptions is now required to use the new Form 45-106F6 for distributions occurring on or after October 3, 2011.

On December 9, 2011, the BCSC ordered under BC Instrument 45-533 Exemptions from Form 45-106F6 requirements (BCI 45-533) that certain issuers and underwriters are exempt from Form 45-106F6 requirements.

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Topics:  British Columbia Securities Commission

Published In: Administrative Agency Updates, Finance & Banking Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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