I-14.01 - Derivatives Act

Section 6 Disposition versions

2019-06-13

6. This Act does not apply to the following instruments:

(1)  a warrant or subscription right;

(2)  an investment contract within the meaning of the second paragraph of section 1 of the Securities Act (chapter V-1.1);

(3)  an insurance or annuity contract issued by an insurer authorized under the Insurers Act (chapter A-32.1) or by a legal person authorized under an Act of a legislative authority other than Québec to carry on insurer activities elsewhere in Canada;

(4)  an option or other non-traded derivative whose value is derived from, referenced to or based on the value or market price of a security, granted as compensation or as payment for a good or service; and

(5)  any other instrument specified by regulation.

2008, c. 24, s. 6; 2018, c. 23, s. 768.

2009-02-01

6. This Act does not apply to the following instruments:

(1)  a warrant or subscription right;

(2)  an investment contract within the meaning of the second paragraph of section 1 of the Securities Act (chapter V-1.1);

(3)  an insurance or annuity contract issued by an insurer holding a licence under the Act respecting insurance (chapter A-32) or under other insurance legislation in Canada;

(4)  an option or other non-traded derivative whose value is derived from, referenced to or based on the value or market price of a security, granted as compensation or as payment for a good or service; and

(5)  any other instrument specified by regulation.

2008, c. 24, s. 6.