1. (1) Every term used in this Regulation that is, (a) defined in section 1 of the Act is used in this Regulation as so defined unless it is otherwise defined in this Regulation or the context otherwise requires; (b) defined in a Part of the Act for purposes of that Part, is used as so defined in those sections of this Regulation that relate to the subject-matter of that Part; and (c) defined only for a Part or section of this Regulation is, unless otherwise provided, so defined only for the purposes of such Part or section.  R.R.O. 1990, Reg. 1015, s. 1 (1). (2) Revoked: O. Reg. 446/16, s. 1. (3) Revoked: O. Reg. 437/10, s. 1 (1). (4) Except as otherwise provided in National Instrument 52-107 Acceptable Accounting Principles and Auditing Standards, in National Instrument 71-101 The Multijurisdictional Disclosure System
and in Ontario Securities Commission Rule 71-801 The Multijurisdictional Disclosure System, where an issuer is incorporated or organized in a jurisdiction other than Canada or a province or territory of Canada, “generally accepted accounting principles” may, at the option of the issuer, mean such principles as prescribed in the incorporating jurisdiction by or pursuant to applicable legislation or where a recommendation has been made by an association in that jurisdiction equivalent to the Canadian Institute of Chartered Accountants, the principles recommended by that association, but where an option is exercised under this subsection, the notes to the financial statements shall state which option has been applied in the choice of generally accepted accounting principles.  O. Reg. 72/04, s. 1; O. Reg. 437/10, s. 1 (2). (5) Where the Act or this Regulation requires the disclosure of the number or percentage of securities beneficially owned by a person and, by virtue of subsection 1 (5) of the Act, one or more companies will also have to be shown as beneficially owning the securities, a statement disclosing all the securities beneficially owned by the person or deemed to be beneficially owned, and indicating whether the ownership is direct or indirect and, if indirect, indicating the name of the controlled company or company affiliated with the controlled company through which the securities are indirectly owned and the number or percentage of the securities so owned by the company, shall be deemed sufficient disclosure without disclosing the name of any other company which is deemed to beneficially own the same securities.  R.R.O. 1990, Reg. 1015, s. 1 (5). (6) Where the Act or this Regulation requires the disclosure of the number or percentage of securities beneficially owned by a company and, by virtue of subsection 1 (6) of the Act, one or more other companies will also have to be shown as beneficially owning the securities, a statement disclosing all securities beneficially owned or deemed to be beneficially owned by the parent company and indicating whether the ownership is direct or indirect and, if indirect, indicating the name of the subsidiary through which the securities are indirectly owned and the number or percentage of the securities so owned, shall be deemed sufficient disclosure without disclosing the name of any other company which is deemed to beneficially own the same securities.  R.R.O. 1990, Reg. 1015, s. 1 (6). (7) A company shall be deemed to be another’s holding company or parent company if that other is its subsidiary.  R.R.O. 1990, Reg. 1015, s. 1 (7).