Chapter 2 Flashcards
Identify two types of penalties that a professional organization’s disciplinary committee could impose on its members.
A professional organization’s disciplinary committee could impose a variety of penalties, including a reprimand, suspension from membership privileges, a monetary fine, paying for the costs of the disciplinary hearing, expulsion from membership and an order to complete disciplinary education.
A mortgage _________ collects mortgage payments and forwards them to the lender.
administrator
The provincial agency with the authority to administer the Mortgage Brokers Act and Regulations is the _______ _______ _______.
The provincial agency with the authority to administer the Mortgage Brokers Act and Regulations is the BC Financial Services Authority.
What are administrative tribunals?