V-1 - Securities Act

Full text
113. For the purposes of this section and sections 114 to 130:
(a)  the word “corporation“ means a company other than a bank to which the Bank Act (Statutes of Canada) applies:
i.  that has issued securities that, after the 1st day of May 1955, have been or are distributed in the course of a distribution to the public in respect of which a prospectus has been or is filed with the Commission and a written permission for the distribution thereof granted, or
ii.  any of whose shares are quoted on any stock exchange in Québec recognized by the Commission;
(b)  the term financial year means a financial year covering a period of twelve months, except for the first financial year that commenced on the date of incorporation and may cover a shorter period or except by an order made under section 125 permitting otherwise;
(c)  the word auditor , used in relation to a corporation, includes the auditor of the corporation and any other independent accountant qualified for appointment as such.
1971, c. 77, s. 24; 1973, c. 67, s. 26.