Related party transactions  |
|
|---|---|
| Rule: | IIA 6.43 |
| Date Requested: | Wednesday, December 18, 2013 |
| Requested By: | HBA |
| Date Approved: | Tuesday, December 24, 2013 |
| Approved By: | Compliance Committee |
| Issuer: | HBA |
| Securities: | HBA |
| Description of Rule: | The issuer shall obtain the approval of its members if it... acquires a substantial asset from or disposes of a substantial asset to any of the following: (i) a related party ... (iii) a person with voting power of at least 10% of the voting securities of the issuer |
| Waiver Requested: | Relief was requested in relation to a transaction to occur at arms's length and where evidence of shareholder approval was provided. |
| Effect of Waiver: | Waiver granted. |