Securities Law & Instruments

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AMENDMENTS TO
NATIONAL INSTRUMENT 81-107
INDEPENDENT REVIEW COMMITTEE FOR INVESTMENT FUNDS

1.             National Instrument 81-107 Independent Review Committee for Investment Funds is amended by this Instrument.

2.             Subsection 5.2(1) is amended

(a)           in paragraph (b) by deleting “or”,

(b)           in paragraph (c) replacing “.” with “; or”, and

(c)           by adding the following paragraph:

(d)           a transaction in which an investment fund intends to borrow cash from a person or company that is an associate or affiliate of the investment fund manager..

3.             This Instrument comes into force on January 3, 2019.