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D-9.2 - Act respecting the distribution of financial products and services
Section 402
Disposition versions
402. (Repealed).
402. Where the Bureau or the Chamber acts in contravention of an order, the Minister may order that some or all of its functions and powers are to be suspended for the period the Minister determines, and appoint an administrator to exercise, at the expense of the Bureau or the Chamber, the functions and powers so suspended.
An administrator appointed by the Minister may retain the services of experts.
The Minister may extend a period of suspension.
The administrator may, subject to the rights of third persons in good faith, cancel any decision made by the Bureau or the Chamber.
