E-12.000001 - Money-Services Businesses Act

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57. The Financial Markets Administrative Tribunal may prohibit a person from acting as a director or officer of a money-services business on the grounds set out in article 329 of the Civil Code or if a penalty has been imposed on the person under this Act.
The prohibition imposed by the Financial Markets Administrative Tribunal may not exceed five years.
The Financial Markets Administrative Tribunal may, at the request of the person concerned, lift the prohibition on such conditions as it considers appropriate.
2010, c. 40, Sch. I, s. 57; 2016, c. 7, s. 179.
57. The Bureau de décision et de révision may prohibit a person from acting as a director or officer of a money-services business on the grounds set out in article 329 of the Civil Code or if a penalty has been imposed on the person under this Act.
The prohibition imposed by the Bureau de décision et de révision may not exceed five years.
The Bureau de décision et de révision may, at the request of the person concerned, lift the prohibition on such conditions as it considers appropriate.
2010, c. 40, Sch. I, s. 57.