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To:All the Provincial Securities CommissionsRe:Proposed changes to Form 51102F6 Statement of Executive Compensation Request for CommentFrom: Joan Reekie 2032054 Comox Street, Vancouver, BC, V6G 1R8
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What is proposed repeal and substitution?
Proposed repeal and substitution refers to a legal process by which an existing regulation, law, or rule is removed and replaced with a new one, often to improve clarity, compliance, or effectiveness.
Who is required to file proposed repeal and substitution?
Typically, regulatory agencies or legislative bodies are required to file proposed repeal and substitution when they seek to amend existing laws or regulations.
How to fill out proposed repeal and substitution?
To fill out proposed repeal and substitution, one generally must complete specific forms provided by the governing agency, detailing the current regulation, the proposed changes, and the rationale for the repeal and substitution.
What is the purpose of proposed repeal and substitution?
The purpose of proposed repeal and substitution is to update, clarify, and improve regulations or laws that may be outdated, ineffective, or not aligned with current practices or needs.
What information must be reported on proposed repeal and substitution?
Information typically reported includes the title of the regulation being repealed, the text of the proposed substitute, an explanation of why the change is necessary, and any impact it may have on stakeholders.
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