O. Reg. 601/00: GENERAL

 

ONTARIO regulation 601/00

made under the

securities Act

Made: September 12, 2000
Filed: November 16, 2000

Amending Reg. 1015 of R.R.O. 1990

(General)

1. Section 99 of Regulation 1015 of the Revised Regulations of Ontario, 1990 is amended by adding the following paragraph:

5. International advisers (investment counsel, portfolio managers or securities advisers), being persons or companies that have registered under the Act in reliance on Ontario Securities Commission Rule 35-502 Non-Resident Advisers and that are,

i. investment counsel,

ii. investment counsel and portfolio managers, or

iii. securities advisers.

2. Section 101 of the Regulation is amended by adding the following subsections:

(3) Subject to subsection (4), this Part does not apply to an international adviser (investment counsel, portfolio manager or securities adviser) except as provided in Ontario Securities Commission Rule 35-502 Non-Resident Advisers.

(4) Section 99 applies to an international adviser (investment counsel, portfolio manager or securities adviser).

3. This Regulation comes into force on the day that the rule made by the Ontario Securities Commission on September 12, 2000 entitled “Ontario Securities Commission Rule 35-502 Non-Resident Advisers” comes into force.

 

Ontario Securities Commission:

John A. Geller

Vice-chair

Howard I. Wetston

Commissioner

Dated on September 12, 2000.

Note: The rule made by the Ontario Securities Commission on September 12, 2000 entitled “Ontario Securities Commission Rule 35-502 Non-Resident Advisers” comes into force on November 18, 2000.