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THE SECURITIES ACT |
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Order No. 7197 |
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Section 148.3 |
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October 7, 2015 |
ROBERT SCOTT MORRICE
WHEREAS:
(A) On April 27, 2015, the British Columbia Securities Commission (“BCSC”) issued an order (“BCSC Order”) against Robert Scott Morrice subsequently varied on May 14, 2015 by further order of the BCSC (“BCSC Variation Order”);
(B) On July 23, 2015, The Manitoba Securities Commission (“Commission”) issued a Notice of Hearing (“Notice”) giving notice of its intention to hold a hearing pursuant to section 148.4 of The Securities Act, R.S.M. 1988, c. S50 as amended (“Act”) to consider whether or not it was in the public interest to grant orders with respect to Robert Scott Morrice (“MORRICE”);
(C) MORRICE, represented by legal counsel, has consented to the issuance of this order and has waived his right to a full hearing;
(D) The Commission is of the opinion that it is in the public interest to make this order.
IT IS ORDERED:
1. THAT, pursuant to section 148.3 of the Act, MORRICE resign any position he holds as a director or officer of any issuer, except he may remain a director and officer of R S Morrice Holdings Ltd.
2. THAT, pursuant to section 148.3 of the Act, MORRICE be prohibited from becoming or acting as a director or officer of any issuer until and including April 26, 2027, except a private issuer for which he beneficially owns 100% of the outstanding shares.
BY ORDER OF THE COMMISSION
Director