V-1.1 - Securities Act

Full text
132. (Replaced).
1982, c. 48, s. 132; 1984, c. 41, s. 40; 2006, c. 50, s. 41.
132. Notwithstanding the foregoing, in the case of a take-over bid by way of an exchange of securities, a change not resulting from an act of the offeror or of an affiliate gives rise to the notice provided for in section 130 only if it constitutes a material change that is likely to affect the value or the market price of the securities offered in exchange.
1982, c. 48, s. 132; 1984, c. 41, s. 40.
132. Where a take-over bid has been varied by changing any of its initial terms or a significant change has occured during the bid in the facts on which the circular is based, the offeror must give notice thereof to those security holders whose securities have not been paid for and to the Commission.
1982, c. 48, s. 132.