| 24(1) | 5-8297 |
| D. Duff | |
| (613) 957-3498 | |
| 19(1) |
September 14, 1990
Dear Sirs:
Re: 24(1)
Your letter of May 18, 1989, to Betty Bertrand, Registered Pension and Deferred Income Plans Division, has been forwarded to us for reply.
After discussing this issue with officials from the Department of Finance, we are taking the position that if the aforementioned mutual funds conform with the redemption requirements of the Ontario Securities requirements in subparagraph 108(2)(a)(i).
We trust that these comments are satisfactory to you.
Yours truly,
for DirectorFinancial Industries DivisionRulings Directorate
c.c. Ms. Betty Bertrand Registered Pension and Deferred Income Plans Division