Canadian Ownership and Control Determination Regulations, 1984 — 2
2 (1) In these Regulations, Act means the Canadian Ownership and Control Determination Act ; ( Loi ) active member means (a) in relation to a defined benefit pension plan or a combined defined benefit defined contribution pension plan, an individual who is currently earning current service benefits in that plan, and (b) in relation to a defined contribution pension plan or a deferred profit sharing plan, an individual in respect of whom contributions are currently being made to the plan as a result of current service; ( membre actif ) applicant means a person who has submitted an application for a certificate under the Act; ( demandeur ) bearer unit means a unit of a class of formal equity or a unit of a class of forward equity of an entity in respect of which no records of unit holders are maintained by or on behalf of the entity; ( unité au porteur ) block [Revoked, SOR/85-847, s. 1] Canadian stock exchange means The Alberta Stock Exchange, the Montreal Exchange, The Toronto Stock Exchange, the Vancouver Stock Exchange or the Winnipeg Stock Exchange; ( bourse de valeurs canadienne ) dealer means a person registered to trade or deal in security pursuant to the laws of a province; ( courtier ) defined benefit pension plan means a pension plan where the benefits under the plan are determined in accordance with a formula set forth in the plan and where the employer contributions under the plan are not so determined; ( régime de pension à prestations fixes ) defined contribution pension plan means a pension plan where the employer contributions and the employee contributions, if any, under the plan are determined in accordance with a formula set forth in the plan; ( régime de pension à cotisations fixes ) entity means a corporation, partnership or trust; ( entité ) forward equity means a right to acquire formal equity; ( participation à terme ) holding [Revoked, SOR/85-847, s. 1] inquiry means a request made by an entity that is an applicant or an investor, to a person that owns formal equity of that entity, for information in respect of the Canadian ownership rate of that person for the purposes of determining, in whole or in part, the Canadian ownership rate of that entity; ( examen ) market-maker means a registered trader or a registered arbitrage trading member within the meaning of the rules of the Toronto Stock Exchange or a person acting in a substantially similar capacity in connection with any other Canadian stock exchange; ( contrepartiste ) market-maker shares means units owned by a market-maker that constitute units of the stock of responsibility of that market-maker and that constitute one-half of one per cent or less of a publicly traded class of formal equity; ( actions de contrepartiste ) measured block means a number of units of a class of formal equity that are owned by a person and that are equal to or greater than the number of units that constitute the measured block threshold for that class of formal equity; ( tranche mesurée ) measured block threshold , in respect of a particular class of formal equity, means (a) where the particular class is that of an applicant or of an investor that is equity-related to the applicant, one per cent, and (b) where the particular class is that of an investor other than an investor referred to in paragraph (a), 5 per cent, of the units of the particular class or, where the particular class is one of two or more classes of formal equity the units of which would form part of the same class of formal equity if they were actually issued and outstanding, of the units of such one of those two or more classes as has the greatest number of units; ( seuil d’une tranche mesurée ) primary investor means, with respect to an applicant, an investor (a) of whom an inquiry is made by an applicant or by an investor that is equity-related to the applicant, (b) who is not equity-related to the applicant, and (c) who owns formal equity of the applicant or the investor referred to in paragraph (