115. The Authority may request the Bureau de décision et de révision to cancel a firm’s registration for a given sector, suspend registration or subject it to restrictions or conditions if, in its opinion, the firm is not complying with this Act or the regulations, or if necessary in order to protect the public. The Authority may also request the Bureau to impose a penalty not exceeding $2,000,000 on the firm.
The Authority may suspend a firm’s registration, subject it to restrictions or conditions or impose an administrative monetary penalty not exceeding $5,000 on the firm, if it does not comply with section 81, 82, 83 or 103.1 or fails to file documents as required by regulation. The Authority may also cancel a firm’s registration if it does not comply with section 82 or with section 81, 83 or 103.1 if it is not the first instance of non-compliance.
1998, c. 37, s. 115; 2002, c. 45, s. 499; 2004, c. 37, s. 90; 2009, c. 58, s. 57.