CDS Rule Amendment Notice - Technical Amendments to CDS Application for Participation - Corporate Restructuring

Market Regulation Document Type
Canadian Depository for Securities Limited (CDS) rule review

THE CANADIAN DEPOSITORY FOR SECURITIES LIMITED (CDS)

TECHNICAL AMENDMENTS TO CDS APPLICATION FOR PARTICIPATION

NOTICE OF EFFECTIVE DATE

A. DESCRIPTION OF THE RULE AMENDMENT

The proposed amendments update the Application for Participation for changes resulting from CDS's corporate restructuring initiative. References to "The Canadian Depository for Securities Limited" have been changed to "CDS Clearing and Depository Services Inc." There is no longer an inclusion of the United States Internal Revenue Service ("IRS") form W-8IMY in the application -- applicants are now directed to obtain the most recent version of the form from the IRS. Checkboxes have been added to Schedule C to reflect the offering of various services by CDS Clearing and Depository Services Inc. Additionally, typographical corrections have been made.

The Application for Participation marked for the amendments may be accessed at the CDS website at:

http://www.cds.ca/applications/webforms/onlineforms.nsf/PublishedByDocID/02F6BD67864F1CB98525720E0002F3B5

B. REASONS FOR TECHNICAL CLASSIFICATION

The amendments related to Corporate Restructuring proposed pursuant to this Notice are considered technical amendments as they are required to ensure consistency or compliance with an existing rule, securities legislation or other regulatory requirement.

C. EFFECTIVE DATE OF THE RULE

Pursuant to Appendix A ("Rule Protocol Regarding The Review And Approval Of CDS Rules By The OSC") of the Recognition and Designation Order, as varied and restated on July 12, 2005, CDS has determined that these amendments will be effective on November 1, 2006.

D. QUESTIONS

Questions regarding this notice may be directed to:

Jamie Anderson

Senior Legal Counsel

The Canadian Depository for Securities Limited

85 Richmond Street West

Toronto, Ontario M5H 2C9

Telephone: 416-365-3876

Fax: 416-365-1984

e-mail: [email protected]

TOOMAS MARLEY
Chief Legal Officer