Securities Law & Instruments

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NOTICE OF MINISTERIAL APPROVAL OF AMENDMENTS TO

NATIONAL INSTRUMENT 81-102 MUTUAL FUNDS

AND COMPANION POLICY 81-102CP

AND TO

NATIONAL INSTRUMENT 81-106 INVESTMENT FUND CONTINUOUS DISCLOSURE

AND TO

NATIONAL INSTRUMENT 81-101 MUTUAL FUND PROSPECTUS DISCLOSURE

AND TO

NATIONAL INSTRUMENT 41-101 GENERAL PROSPECTUS REQUIREMENTS

On March 23, 2012, the Minister of Finance approved amendments (the Amendments) made by the Ontario Securities Commission to the following rules and policy:

• National Instrument 81-102 Mutual Funds and Companion Policy 81-102CP -- To National Instrument 81-102 Mutual Funds;

• National Instrument 81-106 Investment Fund Continuous Disclosure;

• National Instrument 81-101 Mutual Fund Prospectus Disclosure;

• National Instrument 41-101 General Prospectus Requirements.

The Amendments were made by the Commission on January 17, 2012, and were published in Chapter 5 of the Bulletin on February 10, 2012. The Amendments come into force on April 30, 2012. The text of the Amendments is reproduced in Chapter 5 of this Bulletin.

April 6, 2012