6. Notwithstanding any provision of the by-laws, it shall be an act derogatory to the honour, dignity and discipline of the profession of insurance broker, punishable in accordance with the procedure enacted in section 25, for a member, or a corporation of which he is an officer or director,
(a) to commit an offence against the Act respecting insurance (chapter A-32) or an act contemplated in section 360 of the said act;
(b) to fail, without legitimate excuse, to pay to an insurer on demand or at the time fixed the premiums which he has collected for him;
(c) to be found guilty, by final judgment, of an indictable offence in connection with the practice of the profession of insurance broker.