48_97 National Instrument 14-101 Definitions B.C.

1933 Act means the Securities Act of 1933 of the United States of America, as amended from time to time;

1934 Act means the Securities Exchange Act of 1934 of the United States of America, as amended from time to time;

adviser registration requirement means the requirement in securities legislation that prohibits a person or company from acting as an adviser unless the person or company is registered in the appropriate category of registration under securities legislation;

blanket rulings and orders means rulings and orders issued under Canadian securities legislation in certain jurisdictions that are applicable to a class of persons, trades, intended trades, securities, exchange contracts or transactions;

Canadian financial institution means

Canadian GAAP means generally accepted accounting principles determined with reference to the Handbook;

Canadian GAAS means generally accepted auditing standards determined with reference to the Handbook;

Canadian securities directions means the instruments listed in Appendix A;

Canadian securities legislation means the statutes and the other instruments listed in Appendix B;

Canadian securities regulatory authorities means the securities commissions and similar regulatory authorities listed in Appendix C;

CIPF means the Canadian Investor Protection Fund;

CSA means the Canadian Securities Administrators;

dealer registration requirement means,

equity security has the meaning ascribed to that term in securities legislation;

exchange contract means, in Alberta, British Columbia, New Brunswick, Nova Scotia and Saskatchewan, a derivative

foreign jurisdiction means a country other than Canada or a political subdivision of a country other than Canada;

Handbook means

IFRS means the standards and interpretations adopted by the International Accounting Standards Board, as amended from time to time;

implementing law of a jurisdiction means, for a local jurisdiction, a regulation, rule, ruling or order of the Canadian securities regulatory authority that implements a national instrument or multilateral instrument in the local jurisdiction;

insider reporting requirement means

International Standards on Auditing means auditing standards set by the International Auditing and Assurance Standards Board, as amended from time to time;

investment fund manager registration requirement means the requirement in securities legislation that prohibits a person or company from acting as an investment fund manager unless the person or company is registered in the appropriate category of registration under securities legislation;

issuer bid has the meaning ascribed to that term in securities legislation;

ITA means the Income Tax Act (Canada);

jurisdiction or jurisdiction of Canada means a province or territory of Canada except when used in the term foreign jurisdiction;

local jurisdiction means, in a national instrument or multilateral instrument adopted or made by a Canadian securities regulatory authority, the jurisdiction in which the Canadian securities regulatory authority is situate;

networking notice requirement means the requirement in securities legislation that a registrant give written notice to the securities regulatory authority or regulator before entering into a networking arrangement;

person or company, for the purpose of a national instrument or multilateral instrument, means,

prospectus requirement means the requirement in securities legislation that prohibits a person or company from distributing a security unless a preliminary prospectus and prospectus for the security have been filed and the regulator has issued receipts for them;

provincial and territorial securities directions means the instruments listed in Appendix A;

provincial and territorial securities legislation means the statutes and the other instruments listed in Appendix B;

provincial and territorial securities regulatory authorities means the securities commissions and similar regulatory authorities listed in Appendix C;

registration requirement means all of the following:

regulator means, for the local jurisdiction, the person referred to in Appendix D opposite the name of the local jurisdiction;

SEC means the Securities and Exchange Commission of the United States of America;

securities directions means, for the local jurisdiction, the instruments listed in Appendix A opposite the name of the local jurisdiction;

securities legislation means, for the local jurisdiction, the statute and other instruments listed in Appendix B opposite the name of the local jurisdiction;

securities regulatory authority means, for the local jurisdiction, the securities commission or similar regulatory authority listed in Appendix C opposite the name of the local jurisdiction;

SRO means a self-regulatory organization, a self-regulatory body or an exchange;

take-over bid has the meaning ascribed to that term in securities legislation;

underwriter registration requirement means the requirement in securities legislation that prohibits a person or company from acting as an underwriter unless the person or company is registered in the appropriate category of registration under securities legislation;

U.S. federal securities law means the federal statutes of the United States of America concerning the regulation of securities markets and trading in securities and the regulations, rules, forms and schedules under those statutes, all as amended from time to time.