Lawrence Park Capital Partners Ltd. -- s. 213(3)(b) of the LTCA

Approval

Headnote

Clause 213(3)(b) of the Loan and Trust Corporations Act -- application by manager, with no prior track record acting as trustee, for approval to act as trustee of pooled funds and future pooled funds to be managed by the applicant and offered pursuant to a prospectus exemption.

Statutes Cited

Loan and Trust Corporations Act, R.S.O. 1990, c. L. 25, as am., clause 213(3)(b).

October 4, 2011

AUM Law Professional Corporation
225a MacPherson Avenue, Suite 200
Toronto, ON M5H 3Y4

Attention: Stacey Long

Dear Sirs/Mesdames:

Re:

Lawrence Park Capital Partners Ltd. (the "Applicant")

 

 

Application pursuant to clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario) for approval to act as trustee

 

 

Application No. 2011/0685

Further to your application dated August 26, 2011 (the "Application") filed on behalf of the Applicant, and based on the facts set out in the Application and the representation by the Applicant that assets of Lawrence Park Canadian Credit Opportunities Fund and the future mutual fund trusts to be established and managed in the future by the Applicant from time to time (together, the "Funds") will be held in the custody of a trust company incorporated, and licensed or registered, under the laws of Canada or a jurisdiction, or a bank listed in Schedule I, II, or III of the Bank Act (Canada), or an affiliate of such bank or trust company, the Ontario Securities Commission (the "Commission") makes the following order:

Pursuant to the authority conferred on the Commission in clause 213(3)(b) of the Loan and Trust Corporations Act (Ontario), the Commission approves the proposal that the Applicant act as trustee of the Funds, the securities of which will be offered pursuant to prospectus exemptions.

Yours truly,

"Judith Robertson"
 
"Margot C. Howard"