Insider Reports (Trust and Loan Companies) Regulations

SOR/2006-313TRUST AND LOAN COMPANIES ACT
Registration 2006-11-28
Insider Reports (Trust and Loan Companies) Regulations
P.C. 2006-1438 2006-11-28Her Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to section 273Footnote a of the Trust and Loan Companies ActFootnote b, hereby makes the annexed Insider Reports (Trust and Loan Companies) Regulations.

Return to footnote aS.C. 2005, c. 54, s. 421
Return to footnote bS.C. 1991, c. 45
Interpretation

1 In these Regulations, Act means the Trust and Loan Companies Act.

Insider Reports

2 (1) For the purpose of paragraph 273(a) of the Act, an insider means an insider as it is defined, for the purpose of insider reports, under any legislation set out in column 2 of the schedule.
(2) For the purpose of paragraph 273(b) of the Act, the required form and content of an insider report are to be the form and content required for insider reports under any legislation set out in column 2 of the schedule.
(3) For the purpose of paragraph 273(c) of the Act, the procedure for submission and publication of insider reports is to be the procedure required for the submission and publication of insider reports under any legislation set out in column 2 of the schedule.

3 An insider required to submit an insider report under any legislation set out in column 2 of the schedule is to comply with the requirements set out in that legislation.

Exemption

4 (1) A person that is subject to an exemption under any legislation set out in column 2 of the schedule, or an order of the relevant provincial securities regulator, that provides that the person is not an insider for the purposes of the applicable legislation, is not an insider for the purpose of subsection 2(1).
(2) A person that is subject to an exemption from any or all insider reporting requirements under any legislation set out in column 2 of the schedule, or an order of the relevant provincial securities regulator, is also exempt from those requirements for the purposes of these Regulations.

Coming into Force

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

SCHEDULE(Sections 2 to 4)

PROVINCIAL LEGISLATION

Column 1
Column 2

Item
Jurisdiction
Legislation

1
Ontario

Securities Act, R.S.O. 1990, c. S.5, as amended from time to time

2
Quebec

Securities Act, R.S.Q., c. V-1.1, as amended from time to time

3
Nova Scotia

Securities Act, R.S.N.S. 1989, c. 418, as amended from time to time

4
New Brunswick

Securities Act, S.N.B. 2004, c. S-5.5, as amended from time to time

5
Manitoba

The Securities Act, C.C.S.M., c. S50, as amended from time to time

6
British Columbia

Securities Act, R.S.B.C. 1996, c. 418, as amended from time to time

7
Saskatchewan

The Securities Act, 1988, S.S. 1988-89, c. S-42.2, as amended from time to time

8
Alberta

Securities Act, R.S.A. 2000, c. S-4, as amended from time to time

9
Newfoundland and Labrador

Securities Act, R.S.N.L. 1990, c. S-13, as amended from time to time