Prospectus (Trust and Loan Companies) Regulations

The Prospectus (Trust and Loan Companies) Regulations, made under the Trust and Loan Companies Act, outline the requirements for disclosing information related to securities distributions. These regulations apply to trust and loan companies registered in various provinces, including Ontario, Quebec, Nova Scotia, New Brunswick, Manitoba, British Columbia, Prince Edward Island, Saskatchewan, Alberta, Newfoundland and Labrador, Yukon, Northwest Territories, and Nunavut.

The regulations require the disclosure of information to be set out in a prospectus, which includes the contents required for a prospectus under any legislation set out in column 2 of the schedule. The procedure for the disclosure of this information is also governed by these regulations, which must comply with the requirements set out in the applicable provincial legislation.

The regulations also provide for exemptions from the prospectus requirements, including exemptions granted under federal legislation or orders issued by provincial securities regulators. Additionally, certain provisions are repealed as they relate to "Repeal" and "Coming into Force".

These Regulations come into force on the day they are registered, indicating that they will take effect once they are published in the Canada Gazette.