Part 2 — Provincial Companies Subpart 1 Status and Powers of Provincial Companies
305 Soliciting proxies
(a) in the case of solicitation by or on behalf of the management
of a provincial company, a management proxy circular,
either as an appendix to or as a separate document
accompanying the notice of the meeting, or
(b) in the case of any other solicitation, a dissident's proxy
circular stating the purposes of the solicitation
is sent to the auditor of the company, to each participating
policyholder or shareholder whose proxy is solicited and, if clause
(b) applies, to the company.
(2) A person who sends a management proxy circular or
dissident's proxy circular must concurrently file with the Minister
(a) in the case of a management proxy circular, a copy of the
circular together with a copy of the notice of meeting, form
of proxy and any other documents for use in connection
with the meeting, and
(b) in the case of a dissident's proxy circular, a copy of the
circular together with a copy of the form of proxy and any
other documents to be used in connection with the meeting.
(3) Subsection (1) does not apply in respect of the solicitation of
proxies by the provision of a form of proxy pursuant to section 292.
(4) On the application of an interested person, the Minister may,
on the terms the Minister thinks fit, exempt the interested person
from any of the requirements of subsection (1) and section 304, and
the exemption may be given retroactive effect.
(5) The Minister must set out in The Alberta Gazette the
particulars of exemptions granted under subsection (4) together
with the reasons for granting the exemptions.
1999 cI-5.1 s305