D-9.2 - Act respecting the distribution of financial products and services

Full text
69. Where the Authority considers that an order has failed to exercise the responsibilities assigned to it by agreement, the Authority shall serve notice on the order at least 15 days in advance, stating the grounds that in its view justify the opinion and the order’s right to present observations.
Where, after the order has presented or has failed to present its observations, the Authority maintains its opinion that the order has failed to exercise the responsibilities assigned to it, the Authority shall refer the matter to the Minister, stating the grounds on which its opinion is based.
In such a case, the Minister may terminate the agreement.
1998, c. 37, s. 69; 2002, c. 45, s. 499; 2004, c. 37, s. 90.
69. Where the Agency considers that an order has failed to exercise the responsibilities assigned to it by agreement, the Agency shall serve notice on the order at least 15 days in advance, stating the grounds that in its view justify the opinion and the order’s right to present observations.
Where, after the order has presented or has failed to present its observations, the Agency maintains its opinion that the order has failed to exercise the responsibilities assigned to it, the Agency shall refer the matter to the Minister, stating the grounds on which its opinion is based.
In such a case, the Minister may terminate the agreement.
1998, c. 37, s. 69; 2002, c. 45, s. 499.
69. Where the Bureau considers that an order has failed to exercise the responsibilities assigned to it by agreement, the Bureau shall serve notice on the order at least 15 days in advance, stating the grounds that in its view justify the opinion and the order’s right to present observations.
Where, after the order has presented or has failed to present its observations, the Bureau maintains its opinion that the order has failed to exercise the responsibilities assigned to it, the Bureau shall refer the matter to the Minister, stating the grounds on which its opinion is based.
In such a case, the Minister may terminate the agreement.
1998, c. 37, s. 69.