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National Instrument 81-102 Investment Funds
Part 1 Definitions and Application
Section 1.1 Definitions

successor credit rating organization

“successor credit rating organization” means, with respect to a credit rating organization, any credit rating organization that succeeded to or otherwise acquired all or substantially all of another credit rating organization’s business in Canada, whether through a restructuring transaction or otherwise, if that business was, at any time, owned by the first-mentioned credit rating organization;