V-1.1 - Securities Act

Full text
118. (Replaced).
1982, c. 48, s. 118; 1984, c. 41, s. 40; 2006, c. 50, s. 41.
118. A person proposing to acquire securities of the offeree company by way of an exchange of securities, with the result described in section 110, shall proceed by way of a take-over bid of that type.
A take-over bid under the first paragraph is subject to the requirements of a take-over bid, with the necessary modifications.
1982, c. 48, s. 118; 1984, c. 41, s. 40.
118. The offeror must send a take-over bid circular prepared in the form prescribed by regulation with the take-over bid sent to security holders.
He must file the documents referred to in the first paragraph with the Commission not later than the day they are sent to the security holders.
1982, c. 48, s. 118.