Ontario Commission des P.O. Box 55, 19th Floor CP 55, 19e é tage
Securities valeurs mobilières 20 Queen Street West 20, rue queen ouest
Commission de l’Ontario Toronto ON M5H 3S8 Toronto ON M5H 3S8
Web site: www.osc.gov.on.ca
Headnote
National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions – exemption from s. 2.1(2) of NI 81-101 to file a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.
Applicable Legislative Provisions
National Instrument 81-101 Mutual Fund Prospectus Disclosure, subsection 2.1(2).
VIA SEDAR
September 2, 2011
Blake, Cassels & Graydon LLP
Barristers & Solicitors
199 Bay Street
Suite 4400
Commerce Court West
Toronto, ON M5L 1A9
Attention: Kevin Rusli
Dear Sirs/Mesdames:
Re: Canadian Energy Convertible Debenture Fund (the “Fund”)
Exemptive Relief Application under Part 6 of National Instrument 81-101 Mutual Fund Prospectus Disclosure (NI 81-101)
Application No. 2011/0688; SEDAR Project No. 1756274
By letter dated August 30, 2011 (the Application), the Fund applied to the Director of the Ontario Securities Commission (the Director) under section 6.1 of NI 81-101 for relief from the operation of section 2.1(2) of NI 81-101, which prohibits an issuer from filing a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.
This letter confirms that, based on the information and representations made in the Application, and for the purposes described in the Application, the Director intends to grant the requested exemption to be evidenced by the issuance of a receipt for the Fund’s prospectus, subject to the condition that the prospectus be filed no later than September 9, 2011.
Yours very truly,
“Vera Nunes”
Vera Nunes
Manager, Investment Funds Branch