Examples of NI 52-110 in a sentence
This includes the independence requirements set out in NI 52-110 and the Principles.
An individual is financially literate within the meaning of NI 52-110 if he has the ability to read and understand a set of financial statements that present a breadth of complexity of accounting issues that are generally comparable to the breadth and complexity of the issues and can reasonably be expected to be raised by the Corporation’s financial statements.
Each member of the committee is considered “independent” and “financially literate” as such terms are defined in NI 52-110.
Each member of the Audit and Financial Risk Management Committee is independent and financially literate within the meaning of NI 52-110.
Reliance on Exemptions in NI 52-110 regarding Audit Committee Composition & Reporting Obligations Since the Company is a venture issuer, it relies on the exemption contained in section 6.1 of NI 52-110 from the requirements of Part 3 Composition of the Audit Committee (as described in ‘Composition of the Audit Committee’ above) and Part 5 Reporting Obligations of NI 52-110 (which requires certain prescribed disclosure about the Audit Committee in this Information Circular).