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C-74 - Insurance Brokers Act
Section 26
Disposition versions
26. When a complaint is made against a member because he has failed to render account or to remit premiums collected for an insurer, the chairman of the committee on discipline or the committee on discipline itself may, if the complaint is considered well-founded, order that the accused member be suspended unless he furnishes forthwith, to the satisfaction of the chairman or committee, security or a guarantee for the payment of any amount due by reason of the facts alleged in the complaint.
Notice of such must be given forthwith to the accused.
The suspension shall remain in force until final judgment on the complaint but it may, in the meantime, be lifted, modified or reimposed by the committee on discipline according to circumstances.
