Form and Content

Marginal note:Requirements to be met

1 A preliminary prospectus or prospectus relating to the distribution of securities of a bank or a bank holding company must be prepared in compliance with the laws of the province in which the preliminary prospectus or prospectus is to be distributed

• (a) respecting the form and content of the preliminary prospectus or prospectus;

• (b) specifying the financial statements, reports or other documents that are to be included with the preliminary prospectus or prospectus; and

• (c) respecting the disclosure of the material facts in relation to the securities to be distributed.

Distribution

Marginal note:Requirements to be met

2 Every person who distributes a preliminary prospectus or prospectus must comply with the laws of the province in which the preliminary prospectus or prospectus is to be distributed respecting the distribution of the preliminary prospectus or prospectus to prospective purchasers.

Repeal

Marginal note:Repeal

3 The Prospectus (Banks) RegulationsFootnote ¹ are repealed.

• Return to footnote ¹SOR/95-339

Coming into Force

Marginal note:Coming into force

Footnote ^*4. These Regulations come into force on the day on which section 835 of the Bank Act, as enacted by section 183 of the Financial Consumer Agency of Canada Act, chapter 9 of the Statutes of Canada, 2001, comes into force.

• Return to footnote ^*[Note: Regulations in force October 24, 2001, see SI/2001-102.]