Authorization Order. - ss. 3.5(3)

IN THE MATTER OF

THE SECURITIES ACT,

R.S.O. 1990, CHAPTER S.5, AS AMENDED (the "Act")

AND

IN THE MATTER OF

AN AUTHORIZATION PURSUANT

TO SUBSECTION 3.5(3) OF THE ACT

AUTHORIZATION ORDER

(Subsection 3.5(3))

WHEREAS a quorum of the Ontario Securities Commission (the "Commission") may, pursuant to subsection3.5(3) of the Act, in writing authorize any member of the Commission to exercise any of the powers and perform anyof the duties of the Commission, except the power to conduct contested hearings on the merits.

AND WHEREAS by an authorization order made on February 17, 1999, pursuant to Subsection 3(2) of theAct (the "Authorization") the Commission authorized each of David A. Brown, John A. Geller and Howard I. Wetston,acting alone, to exercise, subject to subsection 3(3) of the Act, the powers of the Commission to grant adjournmentsand set dates for hearings, to hear and determine procedural matters, and to make and give any orders, directions,appointments, applications and consents under sections 5, 11, 12, 17, 20, 122, 126, 127, 128, 129, 144, 146 and 152of the Act that the Commission is authorized to make and give, except the power to conduct contested hearings on themerits.

IT IS ORDERED that the Authorization is hereby revoked; and

THE COMMISSION HEREBY AUTHORIZES, pursuant to Subsection 3.5(3) of the Act, each of David A.Brown, Howard I. Wetston and Paul M. Moore, acting alone, to exercise, subject to Subsection 3.5(4) of the Act, thepowers of the Commission to grant adjournments and set dates for hearings, to hear and determine procedural matters,and to make and give any orders, directions, appointments, applications and consents under sections 5, 11, 12, 17,19, 20, 122, 126, 127, 128, 129, 144, 146 and 152 of the Act that the Commission is authorized to make and give,except the power to conduct contested hearings on the merits.

March 9, 2001.

J. A. Geller, R. W. Davis