Administrative law – Decisions of administrative tribunals – Securities Commission – Evidence – Jurisdiction
British Columbia (Securities Commission) v. Gill,  B.C.J. No. 587, British Columbia Court of Appeal, March 19, 2003, Rowles, Ryan and Thackray JJ.A.
Gill argued that the Commission, in holding that the receipts, financial summaries and loan agreements were securities, had enlarged its jurisdiction to regulate beyond that intended by the Securities Act. The Court of Appeal rejected this argument, noting that the Commission had reviewed the evidence with a view to determining the true nature of the advance of funds being scrutinized.
The British Columbia Court of Appeal held that the standard of reasonableness was met by the decision of the Securities Commission. In addition, the British Columbia Court of Appeal explained that the lack of a full transcript of the Commission’s proceedings had effectively already defeated the appeal. The appeal was dismissed.
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