43. No prospectus is required where a distribution of securities is made to an accredited investor determined by regulation and the distribution meets the conditions prescribed by regulation.
Likewise, no prospectus is required where a distribution of securities is made to the Gouvernement du Québec, its departments or mandataries of the State, to the Government of Canada or the government of a Canadian province or territory, or to any of their departments or mandataries.
1982, c. 48, s. 43; 1999, c. 40, s. 327; 2004, c. 37, s. 7.