Prompt Action Directed by BC Securities ActIf, indeed, the requirements of the Director and staff have been met for a 43-101 report, then it would seem that revocation of the CTO should follow promptly.
Section 164 of the Securities act has a specific proviso that when required record (presumably a 43-101 report since the CTO was issued under ythe authority of Sec. 164)) is completed in accordance with with the Act, then "the order is revoked as soon as practicable after the record referred to in the order, completed in accordance with this Act and the regulations, is filed...."
https://www.bclaws.ca/Recon/document/freeside/--%20s%20--/securities%20act%20%20rsbc%201996%20%20c.%20418/00_96418_01.xml#section164
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