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Prospectus (Cooperative Credit Associations) Regulations (SOR/2006-319)

Regulations are current to 2024-11-26

Prospectus (Cooperative Credit Associations) Regulations

SOR/2006-319

COOPERATIVE CREDIT ASSOCIATIONS ACT

Registration 2006-11-28

Prospectus (Cooperative Credit Associations) Regulations

P.C. 2006-1444 2006-11-28

Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 268(2)Footnote a of the Cooperative Credit Associations ActFootnote b, hereby makes the annexed Prospectus (Cooperative Credit Associations) Regulations.

Prospectus

  • 1 (1) The information to be disclosed prior to a distribution of securities is to be set out in a prospectus and is to include the contents required for a prospectus under any legislation set out in column 2 of the schedule.

  • (2) The procedure for the disclosure of information required for a distribution of securities is to be the procedure for a disclosure by prospectus that is required for a distribution of securities under any legislation set out in column 2 of the schedule.

  • (3) The disclosure of information required for a distribution is to be in the form required for a prospectus under any legislation set out in column 2 of the schedule.

2 A prospectus filed under any legislation set out in column 2 of the schedule is to comply with the requirements set out in that legislation.

Exemption

3 A person that is subject to an exemption from any or all prospectus requirements under any legislation set out in column 2 of the schedule, or to an order of the relevant provincial securities regulator, is also exempt from those requirements for the purposes of these Regulations.

Repeals

4 [Repeal]

5 [Repeal]

Coming into Force

6 These Regulations come into force on the day on which they are registered.

Table of Contents

 

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