POWERS OF THE PANEL

  1. May require filing for approval of any document in respect of an affected transactions or offers;
  2. May issue a compliance certificate or an exemption if it is satisfied that the transaction has met the requirements set in the Act; and
  3. May initiate or receive complaints, conduct investigations, and issue compliance notices in respect of affected transactions or offers.

The Panel may wholly or partially, and with or without conditions, exempt a party, an affected transaction or an offer from the application of any provision relating to affected transactions or offers if such a transaction or offer meet certain specified requirements.