V-1 - Securities Act

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124. Upon the application of a corporation, the Commission may, where in its opinion such application is not contrary to the public interest, make an order on such terms and conditions as it may impose:
(a)  exempting the corporation from filing any financial statement referred to in section 115 or 116;
(b)  permitting the corporation to omit any information required to be given in the financial statements referred to in section 115 or 116;
(c)  permitting the corporation to file in lieu of a statement of source and application of funds, a declaration containing such information as the Commission considers appropriate, where, in the opinion of the Commission, the corporation is unable to comply with the requirements of the regulations in respect of the contents of such statement.
1973, c. 67, s. 26.