Proceedings

IN THE MATTER OF THE SECURITIES ACT
R.S.O. 1990, c.S.5, AS AMENDED

AND

IN THE MATTER OF
JDS UNIPHASE CANADA LTD.

DECISION

 

We have, under subsection 8(2) of the Securities Act, reviewed the decision of the Directorrefusing to grant relief under section 81(2) of the Regulation from the requirement ofsection 57 of the Regulation for a Canadian GAAP reconciliation in the Applicant'sprospectus, and have heard evidence adduced by the Applicant and the submission ofcounsel for the Applicant and counsel for Commission staff. We order that the Director'sdecision is confirmed.

Reasons for this Decision will follow.

July 22nd, 1999.

"J. A. Geller"
"Morley P. Carscallen"
"G. P. H. Vernon"