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C-74 - Insurance Brokers Act

Section 14
Disposition versions

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14. (1)  Every member shall pay to the Association the contribution fixed by the by-laws; such contribution shall form part of the general funds of the Association.
(2)  Any member who fails to pay such contribution within three months from the date on which it falls due shall be automatically suspended.
(3)  Any member so suspended may terminate such suspension by paying to the Association, with interest at 6% per annum, the contribution for the non-payment of which he was suspended and any other contribution which he would have had to pay if such suspension had not taken place, or by complying with the conditions imposed by the Association and paying thereto any lesser amount established by by-law.
R. S. 1964, c. 268, s. 14.
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