I-14.01 - Derivatives Act

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6. This Act does not apply to the following instruments:
(1)  a warrant or subscription right;
(2)  an investment contract within the meaning of the second paragraph of section 1 of the Securities Act (chapter V-1.1);
(3)  an insurance or annuity contract issued by an insurer authorized under the Insurers Act (chapter A-32.1) or by a legal person authorized under an Act of a legislative authority other than Québec to carry on insurer activities elsewhere in Canada;
(4)  an option or other non-traded derivative whose value is derived from, referenced to or based on the value or market price of a security, granted as compensation or as payment for a good or service; and
(5)  any other instrument specified by regulation.
2008, c. 24, s. 6; 2018, c. 232018, c. 23, s. 768.
6. This Act does not apply to the following instruments:
(1)  a warrant or subscription right;
(2)  an investment contract within the meaning of the second paragraph of section 1 of the Securities Act (chapter V-1.1);
(3)  an insurance or annuity contract issued by an insurer holding a licence under the Act respecting insurance (chapter A-32) or under other insurance legislation in Canada;
(4)  an option or other non-traded derivative whose value is derived from, referenced to or based on the value or market price of a security, granted as compensation or as payment for a good or service; and
(5)  any other instrument specified by regulation.
2008, c. 24, s. 6.