C-38 - Companies Act

Section 123.3 Disposition versions

1981-02-16

123.3. A company is deemed to have made a distribution of securities to the public where the securities issued by it were

(1)  listed on a stock exchange or with a regulatory body for control of trade in such securities, or

(2)  described in a document filed prior to their issue, such as a prospectus or a statement of material facts.

1979, c. 31, s. 27; 1980, c. 28, s. 14.

1980-01-30

123.3. Part I of the act applies, mutatismutandis, to companies incorporated or continued under this Part, except sections 6 to 12, 14 to 17, subsections 1 and 5 of section 18, sections 19 to 25, 30 to 32, 34.1, 36 to 40, subsections 8 and 9 of section 48, the second paragraph of subsection 2 of section 49 and sections 55 to 65, 83, 84, 86, 87 and 120.

1979, c. 31, s. 27.