V-1.1 - Securities Act

Section 331 Disposition versions

2018-07-13

331. The Authority may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(1.1)  determine the conditions to be met by a company for the purposes of the definition of “closed company” set out in section 5;

(2)  (subparagraph repealed);

(3)  (subparagraph repealed);

(4)  (subparagraph repealed);

(5)  (subparagraph repealed);

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(6.1)  determine, for the purposes of section 151.1.1, the other market participants likely to be the subject of an inspection;

(7)  (subparagraph repealed);

(8)  (subparagraph repealed);

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Authority, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Authority;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10;

(11.1)  determine the provisions of Title II, Title III the contravention of which may be sanctioned by an monetary administrative penalty, and prescribe the amounts and conditions of such a penalty for the purposes of section 274.1;

(12)  define the terms and expressions used for the purposes of this Act or the regulations under this section.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Authority does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91; 2002, c. 45, s. 690; 2004, c. 37, s. 37; 2006, c. 50, s. 107; 2009, c. 25, s. 44; 2009, c. 58, s. 137; 2016, c. 7, s. 167; 2018, c. 23, s. 809.

2017-01-11

331. The Authority may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(1.1)  determine the conditions to be met by a company for the purposes of the definition of “closed company” set out in section 5;

(2)  (subparagraph repealed);

(3)  (subparagraph repealed);

(4)  (subparagraph repealed);

(5)  (subparagraph repealed);

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(6.1)  determine, for the purposes of section 151.1.1, the other market participants likely to be the subject of an inspection;

(7)  (subparagraph repealed);

(8)  (subparagraph repealed);

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Authority, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Authority;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10;

(11.1)  determine the provisions of Title II, Title III the contravention of which may be sanctioned by an administrative monetary penalty, and prescribe the amounts and conditions of such a penalty for the purposes of section 274.1;

(12)  define the terms and expressions used for the purposes of this Act or the regulations under this section.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Authority does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91; 2002, c. 45, s. 690; 2004, c. 37, s. 37; 2006, c. 50, s. 107; 2009, c. 25, s. 44; 2009, c. 58, s. 137; 2016, c. 7, s. 167.

2009-12-04

331. The Authority may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(1.1)  determine the conditions to be met by a company for the purposes of the definition of “closed company” set out in section 5;

(2)  (subparagraph repealed);

(3)  (subparagraph repealed);

(4)  (subparagraph repealed);

(5)  (subparagraph repealed);

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(6.1)  determine, for the purposes of section 151.1.1, the other market participants likely to be the subject of an inspection;

(7)  (subparagraph repealed);

(8)  establish the special rules of ethics to which the members of the personnel of the Authority are subject, and the applicable penalties;

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Authority, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Authority;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10;

(11.1)  determine the provisions of Title II, Title III the contravention of which may be sanctioned by an administrative monetary penalty, and prescribe the amounts and conditions of such a penalty for the purposes of section 274.1;

(12)  define the terms and expressions used for the purposes of this Act or the regulations under this section.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Authority does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91; 2002, c. 45, s. 690; 2004, c. 37, s. 37; 2006, c. 50, s. 107; 2009, c. 25, s. 44; 2009, c. 58, s. 137.

2009-09-28

331. The Authority may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(1.1)  determine the conditions to be met by a company for the purposes of the definition of “closed company” set out in section 5;

(2)  (subparagraph repealed);

(3)  (subparagraph repealed);

(4)  (subparagraph repealed);

(5)  (subparagraph repealed);

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(6.1)  determine, for the purposes of section 151.1.1, the other market participants likely to be the subject of an inspection;

(7)  (subparagraph repealed);

(8)  establish the special rules of ethics to which the members of the personnel of the Authority are subject, and the applicable penalties;

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Authority, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Authority;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10;

(11.1)  determine the provisions of Title III the contravention of which may be sanctioned by an administrative monetary penalty, and prescribe the amounts and conditions of such a penalty for the purposes of section 274.1;

(12)  define the terms and expressions used for the purposes of this Act or the regulations under this section.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Authority does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91; 2002, c. 45, s. 690; 2004, c. 37, s. 37; 2006, c. 50, s. 107; 2009, c. 25, s. 44.

2006-12-14

331. The Authority may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(1.1)  determine the conditions to be met by a company for the purposes of the definition of “closed company” set out in section 5;

(2)  (paragraph repealed);

(3)  (paragraph repealed);

(4)  (paragraph repealed);

(5)  (paragraph repealed);

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(6.1)  determine, for the purposes of section 151.1.1, the other market participants likely to be the subject of an inspection;

(7)  define the conditions on which a dealer may use credit balances not given in guarantee;

(8)  establish the special rules of ethics to which the members of the personnel of the Authority are subject, and the applicable penalties;

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Authority, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Authority;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10;

(11.1)  determine the provisions of Title III the contravention of which may be sanctioned by an administrative monetary penalty, and prescribe the amounts and conditions of such a penalty for the purposes of section 274.1;

(12)  define the terms and expressions used for the purposes of this Act or the regulations under this section.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Authority does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91; 2002, c. 45, s. 690; 2004, c. 37, s. 37; 2006, c. 50, s. 107.

2005-09-14

331. The Authority may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(1.1)  determine the conditions to be met by a company for the purposes of the definition of “closed company” set out in section 5;

(2)  (paragraph repealed);

(3)  (paragraph repealed);

(4)  (paragraph repealed);

(5)  (paragraph repealed);

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(6.1)  determine, for the purposes of section 151.1.1, the other market participants likely to be the subject of an inspection;

(7)  define the conditions on which a dealer may use credit balances not given in guarantee;

(8)  establish the special rules of ethics to which the members of the personnel of the Authority are subject, and the applicable penalties;

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Authority, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Authority;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10;

(11.1)  determine the provisions of Title III the contravention of which may be sanctioned by an administrative monetary penalty, and prescribe the amounts and conditions of such a penalty for the purposes of section 274.1;

(12)  define the terms and expressions used for the purposes of the regulations made pursuant to this section.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Authority does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91; 2002, c. 45, s. 690; 2004, c. 37, s. 37.

2004-12-17

331. The Authority may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(2)  establish the minimum amount of a portfolio to which section 45 applies;

(3)  determine the stipulations that a contract referred to in section 47 must contain;

(4)  fix the minimum amount of a subscription or acquisition for the purposes of section 51, and define the conditions applicable to an exemption under that section;

(5)  determine the securities that qualify as gilt-edged securities for the purposes of section 57;

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(6.1)  determine, for the purposes of section 151.1.1, the other market participants likely to be the subject of an inspection;

(7)  define the conditions on which a dealer may use credit balances not given in guarantee;

(8)  establish the special rules of ethics to which the members of the personnel of the Authority are subject, and the applicable penalties;

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Authority, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Authority;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10;

(11.1)  determine the provisions of Title III the contravention of which may be sanctioned by an administrative monetary penalty, and prescribe the amounts and conditions of such a penalty for the purposes of section 274.1;

(12)  define the terms and expressions used for the purposes of the regulations made pursuant to this section.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Authority does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91; 2002, c. 45, s. 690; 2004, c. 37, s. 37.

2002-12-11

331. The Agency may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(2)  establish the minimum amount of a portfolio to which section 45 applies;

(3)  determine the stipulations that a contract referred to in section 47 must contain;

(4)  fix the minimum amount of a subscription or acquisition for the purposes of section 51, and define the conditions applicable to an exemption under that section;

(5)  determine the securities that qualify as gilt-edged securities for the purposes of section 57;

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(6.1)  determine, for the purposes of section 151.1.1, the other market participants likely to be the subject of an inspection;

(7)  define the conditions on which a dealer may use credit balances not given in guarantee;

(8)  establish the special rules of ethics to which the members of the personnel of the Agency are subject, and the applicable penalties;

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Agency, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Agency;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10;

(12)  define the terms and expressions used for the purposes of the regulations made pursuant to this section.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Agency does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91; 2002, c. 45, s. 690.

2001-11-01

331. The Commission may, by regulation,

(1)  define the procedure to be followed in any matter relating to the application of this Act;

(2)  establish the minimum amount of a portfolio to which section 45 applies;

(3)  determine the stipulations that a contract referred to in section 47 must contain;

(4)  fix the minimum amount of a subscription or acquisition for the purposes of section 51, and define the conditions applicable to an exemption under that section;

(5)  determine the securities that qualify as gilt-edged securities for the purposes of section 57;

(6)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(7)  define the conditions on which a dealer may use credit balances not given in guarantee;

(8)  establish the special rules of ethics to which the members of the personnel of the Commission are subject, and the applicable penalties;

(9)  prescribe the fees payable for any formality provided for in this Act or the regulations and for services rendered by the Commission, and the terms and conditions of payment;

(10)   prescribe the fees payable by an investor for a securities transaction, and the procedure for collecting the fees and remitting them to the Commission;

(11)  establish the rates referred to in sections 212, 273.2, 330.9 and 330.10.

A regulation made under this section shall be submitted to the Government for approval, with or without amendment.

The Government may make or amend a regulation under this section if the Commission does not do so within the time specified by the Government.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7; 2001, c. 38, s. 91.

1997-06-12

331. In addition to the regulatory powers provided elsewhere in this Act, the Government may, by regulation,

(1)  prescribe the form of the documents and certificates provided for in this Act or the regulations as to both content and presentation;

(2)  make the issue of a receipt of the Commission in respect of a prospectus subordinate to certain conditions or a written undertaking;

(3)  prescribe that information, even if not specifically provided for by this Act, be furnished to the Commission, to security holders and to investors;

(4)  (paragraph repealed);

(4.1)  establish the form of insiders’ reports, as well as the conditions and time limits for filing them;

(5)  establish rules respecting the furnishing of information to the public or to the Commission relating to securities or trades in securities;

(6)  define requirements governing the keeping of accounts and records and other documents of issuers, dealers and advisers and self-regulatory organizations, and the preparation and audit of their financial statements;

(7)  permit the substitution, for certain documents or attestations provided for in this Act, of documents required under the statutes of another legislative authority, provided that they contain equivalent information;

(8)  give to the rules or standards established by a self-regulatory organization or a professional association the force of a regulation made under this Act, as amended;

(9)  exempt, with or without conditions, a category of persons, securities or transactions from all or part of the requirements under this Act or the regulations;

(10)  prescribe the procedure applicable to any matter respecting the application of this Act;

(11)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(12)  establish the requirements of a registrant or a self-regulatory organization following a transaction in counterfeit, lost or stolen securities;

(13)  prohibit or subordinate to certain conditions any activity designed to fix or stabilize the quoted price of a security;

(14)  determine the conditions on which a person residing outside Québec may apply for registration or hold an interest in the capital of a registrant;

(15)  prescribe the issuers who may prepare a shelf prospectus and the exceptions to the regular scheme for the simplified prospectus and the preliminary prospectus;

(16)  determine the other forms of investment that are subject to this Act;

(17)  prohibit the use of an advertising document in connection with a distribution;

(18)  prescribe the cases where the Commission may refuse to issue a receipt in respect of a prospectus provided for in Title II;

(19)  prescribe the categories of issuers who may prepare a simplified prospectus or a permanent information record of a special form;

(19.1)  establish the conditions the issuer must satisfy to be granted a prospectus exemption under section 12 without the agreement of the Commission;

(19.2)  fix, for the purposes of section 51, the minimum amount of subscription or purchase and define the conditions attached to an exemption under section 51;

(20)  prescribe the conditions on which an organization may qualify under section 67 of this Act;

(21)  prescribe the clauses that must be contained in the contract provided for in section 47;

(21.1)  establish, with respect to issuer bids or take-over bids, any other rule necessary to give effect to the intent of Title IV;

(21.2)  fix the formula for establishing the average market price referred to in section 123;

(22)  establish, for the purposes of section 129, the offeror’s mode of authorization;

(23)  define, in view of the application of section 159, the changes that must be notified to the Commission and those for which approval must be obtained from the Commission;

(24)  determine the professions which may avail themselves of the exemption provided for in paragraph 1 of section 156 of this Act;

(25)  define the conditions of the use by dealers of credit balances not given in guarantee;

(25.1)  determine the cases and conditions in which the dealer must participate in a contingency fund;

(26)  establish rules governing the over-the-counter market;

(26.1)  (paragraph repealed);

(27)  (paragraph repealed);

(27.1)  (paragraph repealed).

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16; 1997, c. 36, s. 7.

1992-06-23

331. In addition to the regulatory powers provided elsewhere in this Act, the Government may, by regulation,

(1)  prescribe the form of the documents and certificates provided for in this Act or the regulations as to both content and presentation;

(2)  make the issue of a receipt of the Commission in respect of a prospectus subordinate to certain conditions or a written undertaking;

(3)  prescribe that information, even if not specifically provided for by this Act, be furnished to the Commission, to security holders and to investors;

(4)  (subparagraph repealed);

(4.1)  establish the form of insiders’ reports, as well as the conditions and time limits for filing them;

(5)  establish rules respecting the furnishing of information to the public or to the Commission relating to securities or trades in securities;

(6)  define requirements governing the keeping of accounts and records and other documents of issuers, dealers and advisers and self-regulatory organizations, and the preparation and audit of their financial statements;

(7)  permit the substitution, for certain documents or attestations provided for in this Act, of documents required under the statutes of another legislative authority, provided that they contain equivalent information;

(8)  give to the rules or standards established by a self-regulatory organization or a professional association the force of a regulation made under this Act, as amended;

(9)  exempt, with or without conditions, a category of persons, securities or transactions from all or part of the requirements under this Act or the regulations;

(10)  prescribe the procedure applicable to any matter respecting the application of this Act;

(11)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(12)  establish the requirements of a registrant or a self-regulatory organization following a transaction in counterfeit, lost or stolen securities;

(13)  prohibit or subordinate to certain conditions any activity designed to fix or stabilize the quoted price of a security;

(14)  determine the conditions on which a person residing outside Québec may apply for registration or hold an interest in the capital of a registrant;

(15)  prescribe the issuers who may prepare a shelf prospectus and the exceptions to the regular scheme for the simplified prospectus and the preliminary prospectus;

(16)  determine the other forms of investment that are subject to this Act;

(17)  prohibit the use of an advertising document in connection with a distribution;

(18)  prescribe the cases where the Commission may refuse to issue a receipt in respect of a prospectus provided for in Title II;

(19)  prescribe the categories of issuers who may prepare a simplified prospectus or a permanent information record of a special form;

(19.1)  establish the conditions the issuer must satisfy to be granted a prospectus exemption under section 12 without the agreement of the Commission;

(19.2)  fix, for the purposes of section 51, the minimum amount of subscription or purchase and define the conditions attached to an exemption under section 51;

(20)  prescribe the conditions on which an organization may qualify under section 67 of this Act;

(21)  prescribe the clauses that must be contained in the contract provided for in section 47;

(21.1)  establish, with respect to issuer bids or take-over bids, any other rule necessary to give effect to the intent of Title IV;

(21.2)  fix the formula for establishing the average market price referred to in section 123;

(22)  establish, for the purposes of section 129, the offeror’s mode of authorization;

(23)  define, in view of the application of section 159, the changes that must be notified to the Commission and those for which approval must be obtained from the Commission;

(24)  determine the professions which may avail themselves of the exemption provided for in paragraph 1 of section 156 of this Act;

(25)  define the conditions of the use by dealers of credit balances not given in guarantee;

(25.1)  determine the cases and conditions in which the dealer must participate in a contingency fund;

(26)  establish rules governing the over-the-counter market;

(26.1)  establish the tariff of investigation costs mentioned in section 212;

(27)  prescribe the fees exigible for any formality provided for in this Act or the regulations and for services rendered by the Commission and the terms and conditions of payment;

(27.1)  prescribe the fees exigible from investors in the event of transactions of securities and the terms and conditions of collection and payment of such fees to the Commission.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57; 1992, c. 35, s. 16.

1991-03-15

331. In addition to the regulatory powers provided elsewhere in this Act, the Government may, by regulation,

(1)  prescribe the form of the documents and certificates provided for in this Act or the regulations as to both content and presentation;

(2)  make the issue of a receipt of the Commission in respect of a prospectus subordinate to certain conditions or a written undertaking;

(3)  prescribe that information, even if not specifically provided for by this Act, be furnished to the Commission, to security holders and to investors;

(4)  (subparagraph repealed);

(4.1)  establish the form of insiders’ reports, as well as the conditions and time limits for filing them;

(5)  establish rules respecting the furnishing of information to the public or to the Commission relating to securities or trades in securities;

(6)  define requirements governing the keeping of accounts and records and other documents of issuers, dealers and advisers and self-regulatory organizations, and the preparation and audit of their financial statements;

(7)  permit the substitution, for certain documents or attestations provided for in this Act, of documents required under the statutes of another legislative authority, provided that they contain equivalent information;

(8)  give to the rules or standards established by a self-regulatory organization or a professional association the force of a regulation made under this Act, as amended;

(9)  exempt, with or without conditions, a category of persons, securities or transactions from all or part of the requirements under this Act or the regulations;

(10)  prescribe the procedure applicable to any matter respecting the application of this Act;

(11)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(12)  establish the requirements of a registrant or a self-regulatory organization following a transaction in counterfeit, lost or stolen securities;

(13)  prohibit or subordinate to certain conditions any activity designed to fix or stabilize the quoted price of a security;

(14)  determine the conditions on which a person residing outside Québec may apply for registration or hold an interest in the capital of a registrant;

(15)  prescribe the issuers who may prepare a shelf prospectus and the exceptions to the regular scheme for the simplified prospectus and the preliminary prospectus;

(16)  determine the other forms of investment that are subject to this Act;

(17)  prohibit the use of an advertising document in connection with a distribution;

(18)  prescribe the cases where the Commission may refuse to issue a receipt in respect of a prospectus provided for in Title II;

(19)  prescribe the categories of issuers who may prepare a simplified prospectus or a permanent information record of a special form;

(19.1)  establish the conditions the issuer must satisfy to be granted a prospectus exemption under section 12 without the agreement of the Commission;

(19.2)  fix, for the purposes of section 51, the minimum amount of subscription or purchase;

(20)  prescribe the conditions on which an organization may qualify under section 67 of this Act;

(21)  prescribe the clauses that must be contained in the contract provided for in section 47;

(21.1)  establish, with respect to issuer bids or take-over bids, any other rule necessary to give effect to the intent of Title IV;

(21.2)  fix the formula for establishing the average market price referred to in section 123;

(22)  establish, for the purposes of section 129, the offeror’s mode of authorization;

(23)  define, in view of the application of section 159, the changes that must be notified to the Commission and those for which approval must be obtained from the Commission;

(24)  determine the professions which may avail themselves of the exemption provided for in paragraph 1 of section 156 of this Act;

(25)  define the conditions of the use by dealers of credit balances not given in guarantee;

(25.1)  determine the cases and conditions in which the dealer must participate in a contingency fund;

(26)  establish rules governing the over-the-counter market;

(27)  prescribe the fees exigible for any formality provided for in this Act or the regulations and for services rendered by the Commission and the terms and conditions of payment.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29; 1990, c. 77, s. 57.

1987-07-15

331. In addition to the regulatory powers provided elsewhere in this Act, the Government may, by regulation,

(1)  prescribe the form of the documents and certificates provided for in this Act or the regulations as to both content and presentation;

(2)  make the issue of a receipt of the Commission in respect of a prospectus subordinate to certain conditions or a written undertaking;

(3)  prescribe that information, even if not specifically provided for by this Act, be furnished to the Commission, to security holders and to investors;

(4)  (subparagraph repealed);

(4.1)  establish the form of insiders’ reports, as well as the conditions and time limits for filing them;

(5)  establish rules respecting the furnishing of information to the public or to the Commission relating to securities or trades in securities;

(6)  define requirements governing the keeping of accounts and records and other documents of issuers, dealers and advisers and self-regulatory organizations, and the preparation and audit of their financial statements;

(7)  permit the substitution, for certain documents or attestations provided for in this Act, of documents required under the statutes of another legislative authority, provided that they contain equivalent information;

(8)  give to the rules or standards established by a self-regulatory organization or a professional association the force of a regulation made under this Act, as amended;

(9)  exempt, with or without conditions, a category of persons, securities or transactions from all or part of the requirements under this Act or the regulations;

(10)  prescribe the procedure applicable to any matter respecting the application of this Act;

(11)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(12)  establish the requirements of a registrant or a self-regulatory organization following a transaction in counterfeit, lost or stolen securities;

(13)  prohibit or subordinate to certain conditions any activity designed to fix or stabilize the quoted price of a security;

(14)  determine the conditions on which a person residing outside Québec may apply for registration or hold an interest in the capital of a registrant;

(15)  prescribe the issuers who may prepare a shelf prospectus and the exceptions to the regular scheme for the simplified prospectus and the preliminary prospectus;

(16)  determine the other forms of investment that are subject to this Act;

(17)  prohibit the use of an advertising document in connection with a distribution;

(18)  prescribe the cases where the Commission may refuse to issue a receipt in respect of a prospectus provided for in Title II;

(19)  prescribe the categories of issuers who may prepare a simplified prospectus or a permanent information record of a special form;

(20)  prescribe the conditions on which an organization may qualify under section 67 of this Act;

(21)  prescribe the clauses that must be contained in the contract provided for in section 47;

(21.1)  establish, with respect to issuer bids or take-over bids, any other rule necessary to give effect to the intent of Title IV;

(21.2)  fix the formula for establishing the average market price referred to in section 123;

(22)  establish, for the purposes of section 129, the offeror’s mode of authorization;

(23)  define, in view of the application of section 159, the changes that must be notified to the Commission and those for which approval must be obtained from the Commission;

(24)  determine the professions which may avail themselves of the exemption provided for in paragraph 1 of section 156 of this Act;

(25)  define the conditions of the use by dealers of credit balances not given in guarantee;

(26)  establish rules governing the over-the-counter market;

(27)  prescribe the fees exigible for any formality provided for in this Act or the regulations and for services rendered by the Commission and the terms and conditions of payment.

1982, c. 48, s. 331; 1984, c. 41, s. 68; 1987, c. 40, s. 29.

1984-12-21

331. In addition to the regulatory powers provided elsewhere in this Act, the Government may, by regulation,

(1)  prescribe the form of the documents and certificates provided for in this Act or the regulations as to both content and presentation;

(2)  make the issue of a receipt of the Commission in respect of a prospectus subordinate to certain conditions or a written undertaking;

(3)  prescribe that information, even if not specifically provided for by this Act, be furnished to the Commission, to security holders and to investors;

(4)  (subparagraph repealed);

(5)  establish rules respecting the furnishing of information to the public or to the Commission relating to securities or trades in securities;

(6)  define requirements governing the keeping of accounts and records and other documents of issuers, dealers and advisers and self-regulatory organizations, and the preparation and audit of their financial statements;

(7)  permit the substitution, for certain documents or attestations provided for in this Act, of documents required under the statutes of another legislative authority, provided that they contain equivalent information;

(8)  give to the rules or standards established by a self-regulatory organization or a professional association the force of a regulation made under this Act, as amended;

(9)  exempt, with or without conditions, a category of persons, securities or transactions from all or part of the requirements under this Act or the regulations;

(10)  prescribe the procedure applicable to any matter respecting the application of this Act;

(11)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(12)  establish the requirements of a registrant or a self-regulatory organization following a transaction in counterfeit, lost or stolen securities;

(13)  prohibit or subordinate to certain conditions any activity designed to fix or stabilize the quoted price of a security;

(14)  determine the conditions on which a person residing outside Québec may apply for registration or hold an interest in the capital of a registrant;

(15)  prescribe the issuers who may prepare a shelf prospectus and the exceptions to the regular scheme for the simplified prospectus and the preliminary prospectus;

(16)  determine the other forms of investment that are subject to this Act;

(17)  prohibit the use of an advertising document in connection with a distribution;

(18)  prescribe the cases where the Commission may refuse to issue a receipt in respect of a prospectus provided for in Title II;

(19)  prescribe the categories of issuers who may prepare a simplified prospectus or a permanent information record of a special form;

(20)  prescribe the conditions on which an organization may qualify under section 67 of this Act;

(21)  prescribe the clauses that must be contained in the contract provided for in section 47;

(22)  establish, for the purposes of section 129, the offeror’s mode of authorization;

(23)  define, in view of the application of section 159, the changes that must be notified to the Commission and those for which approval must be obtained from the Commission;

(24)  determine the professions which may avail themselves of the exemption provided for in paragraph 1 of section 156 of this Act;

(25)  define the conditions of the use by dealers of credit balances not given in guarantee;

(26)  establish rules governing the over-the-counter market;

(27)  prescribe the fees exigible for any formality provided for in this Act or the regulations and for services rendered by the Commission and the terms and conditions of payment.

1982, c. 48, s. 331; 1984, c. 41, s. 68.

1983-01-19

331. In addition to the regulatory powers provided elsewhere in this Act, the Government may, by regulation,

(1)  prescribe the form and content of the documents and attestations provided for by this Act or the regulations;

(2)  make the issue of a receipt of the Commission in respect of a prospectus subordinate to certain conditions or a written undertaking;

(3)  prescribe that information, even if not specifically provided for by this Act, be furnished to the Commission, to security holders and to investors;

(4)  prescribe the cases where the abridged prospectus provided for in section 65 of this Act may be prepared;

(5)  establish rules respecting the furnishing of information to the public or to the Commission relating to securities or trades in securities;

(6)  define requirements governing the keeping of accounts and records and other documents of issuers, dealers and advisers and self-regulatory organizations, and the preparation and audit of their financial statements;

(7)  permit the substitution, for certain documents or attestations provided for in this Act, of documents required under the statutes of another legislative authority, provided that they contain equivalent information;

(8)  give to the rules or standards established by a self-regulatory organization or a professional association the force of a regulation made under this Act, as amended;

(9)  exempt, with or without conditions, a category of persons, securities or transactions from all or part of the requirements under this Act or the regulations;

(10)  prescribe the procedure applicable to any matter respecting the application of this Act;

(11)  establish the rescission rights and the commissions and other sales charges pertaining to a contractual plan for the acquisition of securities;

(12)  establish the requirements of a registrant or a self-regulatory organization following a transaction in counterfeit, lost or stolen securities;

(13)  prohibit or subordinate to certain conditions any activity designed to fix or stabilize the quoted price of a security;

(14)  determine the conditions on which a person residing outside Québec may apply for registration or hold an interest in the capital of a registrant;

(15)  determine the margin of variation provided for in section 116 of this Act;

(16)  determine the other forms of investment that are subject to this Act;

(17)  prohibit the use of an advertising document in connection with a distribution;

(18)  prescribe the cases where the Commission may refuse to issue a receipt in respect of a prospectus provided for in Title II;

(19)  prescribe the categories of issuers who may prepare a simplified prospectus or a permanent information record of a special form;

(20)  prescribe the conditions on which an organization may qualify under section 67 of this Act;

(21)  prescribe the clauses that must be contained in the contract provided for in section 47;

(22)  establish, for the purposes of section 119, the offeror’s mode of authorization;

(23)  define, in view of the application of section 159, the changes that must be notified to the Commission and those for which approval must be obtained from the Commission;

(24)  determine the professions which may avail themselves of the exemption provided for in paragraph 1 of section 156 of this Act;

(25)  define the conditions of the use by dealers of credit balances not given in guarantee;

(26)  establish rules governing the over-the-counter market;

(27)  prescribe the fees exigible for any formality provided for in this Act or the regulations and for services rendered by the Commission and the terms and conditions of payment.

1982, c. 48, s. 331.