| THE SECURITIES ACT | ) |
Order No. 4162 |
) |
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| Section 20(1) | ) |
June 3, 2003 |
INTEGRA CAPITAL MANAGEMENT CORPORATION
WHEREAS:
(A) Integra Capital Management Corporation ("Integra") made application to The Manitoba Securities Commission (the "Commission") for an order pursuant to section 20(1) of The Securities Act, R.S.M. 1988, c.S50 (the "Act") that certain trades and units of pooled fund trust to be established by Integra and managed by Integra be exempt from section 37 of the Act (the "Initial Application").
(B) The Commission granted Order No. 378 dated November 24, 1993 to Integra in connection with the Initial Application.
(C) In light of amendments to the securities legislation in various jurisdictions, Integra made an application under the MRRS system to provide relief similar to that granted in Commission Order No. 378, which relief was granted in MRRS decision document, Integra Capital Financial Corporation, dated June 3, 2003 (the "MRRS Order").
(D) Integra requested that Commission Order No. 378 be revoked as they intend to rely upon the MRRS Order.
(E) The Commission is of the opinion that it would not be prejudicial to the public interest to issue the Order requested.
IT IS ORDERED THAT:
1. Commission Order No. 378 dated November 24, 1993 be, and it is hereby, revoked.
BY ORDER OF THE COMMISSION
Deputy Director - Legal