V-1.1 - Securities Act

Section 338 Disposition versions

2011-11-30

338. For the application of section 68, every issuer is deemed to have made a distribution of its securities to the public

(1)  that was authorized by the Commission, at any time from 1 May 1955 to 19 January 1983, to make a distribution of securities under a prospectus filed with the Commission;

(2)  that has filed a securities exchange take-over bid circular with the Commission, at any time from 6 July 1973 to 19 January 1983.

1982, c. 48, s. 338; 2011, c. 26, s. 85.

1983-04-06

338. For the application of section 68, every issuer is deemed to have made a distribution of its securities to the public

(1)  that was authorized by the Commission, at any time from 1 May 1955 to 19 January 1983, to make a distribution of securities under a prospectus filed with the Commission;

(2)  that has filed a securities exchange take-over bid circular with the Commission, at any time from 6 July 1973 to 19 January 1983.

A société d’entraide économique resulting from the continuance of a caisse d’entraide économique by virtue of the Act respecting the Sociétés d’entraide économique (chapter S-25.1) or the Act respecting certain caisses d’entraide économique (chapter C-3.1) is also deemed to have made a distribution of securities to the public.

1982, c. 48, s. 338.