Lawrence India Fund - OSC Rule 41-501 General Prospectus Requirements, s. 14.1.(2)

Decision

Headnote

Relief to file a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.

Rules Cited

Ontario Securities Commission Rule 41-501 - General Prospectus Requirements, s. 14.1(2).

November 19, 2007

Chitiz Pathak LLP
320 Bay Street, Suite 1600
Toronto, Ontario
M5H 4A6

Attention: Manoj Pundit

Dear Sirs/Mesdames:

Re:
Application filed by Lawrence India Fund dated November 14, 2007 under Rule 41-501, SEDAR Project No. 1144094
Our File No. 2007/0959

You filed a letter dated November 14, 2007 under Part 15 of OSC Rule 41-501 on behalf of the Lawrence India Fund requesting an exemption from the prohibition contained in paragraph 14.1(2) against an issuer filing a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.

The Director acknowledges under subparagraph 15.2(2)(a)(ii), based upon the representations contained in the Letter, that the exemption is granted and that the final receipt for the prospectus will evidence the exemption.

Yours truly,

"Leslie Byberg"
Acting Director, Investment Funds Branch
Ontario Securities Commission