B-1.1, r. 8 - Regulation respecting the guarantee plan for new residential buildings

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140.3. The Board may, where the manager fails to comply with the requirements of paragraphs 4, 5 and 6 of section 18 and paragraphs 4, 5 and 6 of section 34 and in the case of non-execution of an arbitration award within a reasonable time, after prior notice to the manager and failure by the manager to provide reasons, impose a maximum financial penalty of $25,000.
O.C. 156-2014, s. 50.