O. Reg. 85/05: EXEMPTIONS RESPECTING THE ONTARIO FINANCING AUTHORITY

Securities Act
Loi sur les valeurs mobilières

ONTARIO REGULATION 85/05

EXEMPTIONS RESPECTING THE ONTARIO FINANCING AUTHORITY

Historical version for the period September 22, 2009 to September 27, 2009.

Last amendment: O. Reg. 355/09.

This Regulation is made in English only.

Definition

1. In this Regulation,

“public body” has the same meaning as in section 29 of the Capital Investment Plan Act, 1993. O. Reg. 85/05, s. 1.

Note: On the day that section 4 of Schedule 26 to the Budget Measures Act, 2009 comes into force, section 1 is revoked and the following substituted:

Exemption re s. 25 of the Act

1. The Ontario Financing Authority is exempt from the requirements of section 25 of the Act in respect of any activities relating to trading, advising or acting as an underwriter or an investment fund manager if the activities are carried out in the fulfilment of its duties and responsibilities under the Capital Investment Plan Act. O. Reg. 355/09, s. 1.

See: O. Reg. 355/09, ss. 1, 2.

Exemption re investment advice

2. The Ontario Financing Authority is not required to be registered under the Act in order to act as an adviser in the provision of investment advice to the Crown in right of Ontario and to public bodies. O. Reg. 85/05, s. 2.

Note: On the day that section 4 of Schedule 26 to the Budget Measures Act, 2009 comes into force, section 2 is revoked. See: O. Reg. 355/09, ss. 1, 2.

Exemptions re investment pool

3. (1) The Ontario Financing Authority is not required to be registered under the Act in connection with the issue of units of any investment pool that is created by the Authority for the purpose of facilitating investment by the Crown in right of Ontario and by public bodies, if the portfolio securities that comprise the investment pool are restricted to bonds, debentures, commercial paper and other debt instruments in which the Minister of Finance is authorized to invest under the Financial Administration Act. O. Reg. 85/05, s. 3 (1).

(2) No prospectus is required to be filed under the Act in connection with the issue of units of an investment pool described in subsection (1). O. Reg. 85/05, s. 3 (2).

Note: On the day that section 4 of Schedule 26 to the Budget Measures Act, 2009 comes into force, section 3 is revoked. See: O. Reg. 355/09, ss. 1, 2.