Notice of Commission Approval - Amendment to IDA By-Law No. 3 - Entrance, Annual and Other Fees

AMENDMENT TO IDA BY-LAW NO. 3, ENTRANCE, ANNUAL AND OTHER FEES

NOTICE OF COMMISSION APPROVAL

Amendments to IDA By-Law 3 regarding Entrance, Annual and Other Fees has been approved by the Ontario Securities Commission. In addition, the Saskatchewan Securities Commission approved, the Alberta Securities Commission did not disapprove and the British Columbia Securities Commission did not object to these amendments. These amendments are effective immediately. The amendments increase the IDA entrance fee to $25,000 and increase the minimum fee to $25,000 per year, subject to an exception. A copy and description of the amendments is published in Chapter 13 of this Bulletin.