8 - Investment Funds

Decision Information

Decision Content

THE MANITOBA SECURITIES COMMISSION

MSC Rule No. 2018-19

(Section 149.1, The Securities Act) 

 

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 the 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.

 

4. This Instrument may be cited as MSC Rule 2018-19.

 You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.