V-1.1 - Securities Act

Section 38 Disposition versions

2009-09-28

38. The Authority may order that a distribution cease in the cases prescribed in section 15 or if it is in the public interest to do so.

1982, c. 48, s. 38; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 24; 2009, c. 25, s. 8.

2008-03-17

38. The Authority may order that a distribution cease

(1)  if the prospectus or preliminary prospectus does not conform to this Act or the regulations;

(2)  if the amendment to the prospectus or preliminary prospectus has not been made within the prescribed time;

(3)  if the Authority considers that the protection of investors requires it.

The distribution may be resumed only with the authorization of the Authority.

1982, c. 48, s. 38; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 24.

2004-12-17

38. The Authority may order that a distribution cease

(1)  if the prospectus or preliminary prospectus does not conform to this Act or the regulations;

(2)  if the amendment required by section 25 or 26 has not been made within the prescribed time;

(3)  if the Authority considers that the protection of investors requires it.

The distribution may be resumed only with the authorization of the Authority.

1982, c. 48, s. 38; 2002, c. 45, s. 696; 2004, c. 37, s. 90.

2004-02-01

38. The Agency may order that a distribution cease

(1)  if the prospectus or preliminary prospectus does not conform to this Act or the regulations;

(2)  if the amendment required by section 25 or 26 has not been made within the prescribed time;

(3)  if the Agency considers that the protection of investors requires it.

The distribution may be resumed only with the authorization of the Agency.

1982, c. 48, s. 38; 2002, c. 45, s. 696.

1999-04-01

38. The Commission may order that a distribution cease

(1)  if the prospectus or preliminary prospectus does not conform to this Act or the regulations;

(2)  if the amendment required by section 25 or 26 has not been made within the prescribed time;

(3)  if the Commission considers that the protection of investors requires it.

The distribution may be resumed only with the authorization of the Commission.

1982, c. 48, s. 38.