C-73.2, r. 7 - Regulation to enact transitional measures for the application of the Real Estate Brokerage Act

Section 9 Disposition versions

2012-09-01

9. An insurance or securities representative governed by the Act respecting the distribution of financial products and services (chapter D-9.2) who, prior to 1 May 2010, has started the courses required by the Regulation respecting brokerage activities in connection with loans secured by immovable hypothec (O.C. 834-99, 99-07-07), successfully completes them within 12 months following 1 May 2010 and applies for a mortgage broker’s licence within 3 months following the completion of the courses is exempt from the obligation to meet the conditions set out in paragraphs 2 and 4 of section 1 of the Regulation respecting the issue of broker’s and agency licences (chapter C-73.2, r. 3).

O.C. 301-2010, s. 9.