Crestview Towers Limited Partnership - s. 144

Order

Headnote

Revocation of order deeming issuer to have ceased to be a reporting issuer -- representation in previous order incorrect.

Ontario Statutory Provisions

Section 144 and Section 83 of the Act.

IN THE MATTER OF

THE SECURITIES ACT,

R.S.O. 1990, CHAPTER S.5,

AS AMENDED (the "Act")

AND

IN THE MATTER OF

CRESTVIEW TOWERS LIMITED PARTNERSHIP

(the Applicant)

 

ORDER

(Section 144)

WHEREAS the Applicant obtained an order (the Prior Order) dated March 1, 2006 that deemed the Applicant to have ceased to be a reporting issuer.

AND WHEREAS the Applicant has applied to the Ontario Securities Commission (the Commission) pursuant to section 144 of the Act for a revocation of the Prior Order (the Application).

AND WHEREAS the Applicant having represented to the Commission as follows:

1. The granting of the Prior Order was based on certain representations made by the Applicant in the Prior Order.

2. As at March 1, 2006, the representation in the Prior Order that the Applicant will not be a reporting issuer or the equivalent in any jurisdiction in Canada immediately following the Director granting the relief requested was not correct because the Applicant was, and continues to be, a reporting issuer in the jurisdiction of Alberta.

3. Other than Ontario and Alberta, the Applicant is not a reporting issuer in any jurisdiction in Canada.

4. With this Application, the Applicant has also applied to be deemed to have ceased to be a reporting issuer in Ontario and Alberta (the MRRS Application).

5. The MRRS Application has been submitted in the format set out in CSA Staff Notice 12-307 Ceasing to be a Reporting Issuer under the Mutual Reliance Review System for Exemptive Relief Applications.

6. The Applicant expects relief to be granted under the MRRS Application immediately after the relief requested under this Application is granted.

AND WHEREAS considering the Application and the recommendation of staff to the Director.

AND WHEREAS the Director being satisfied that to do so would not be prejudicial to the public interest.

IT IS ORDERED, pursuant to section 144 of the Act, that the Prior Order be revoked.

DATED at Toronto this 23rd day of March, 2006.

"Erez Blumberger"
Assistant Manager, Corporate Finance
Ontario Securities Commission