Resolution 2009-2 of the Real Estate Council of Alberta

WHEREAS by Section 11 of the Real Estate Act, the Real Estate Council of Alberta has the authority to make bylaws;

At its meeting on February 4, 2009 Council passed a motion to amend the Bylaws as follows:

  • delete s. 30(2) as it is impracticable and has not been applied because its “per day” application would lead to greatly excessive penalties;
  • amend s. 31(1) and s. 32(1) such that the reference to subsection 82(1) (no longer in the Real Estate Act) is amended to s. 83 (Administrative Penalty Section) and
  • adopt the attached Bylaws Schedule 2 – Administrative Penalties:

DATED at Calgary, Alberta on this 4 day of February 2009.

 

SCHEDULE 2
ADMINISTRATIVE PENALTIES

Section $1,500
1.   19, 20, 24 maximum of $25,000
2.   17, 18, 25, 38, 73, 74, 83.2
RULES
3.   61, 74 $500
4.   40, 43, 45, 60, 60.1, 79, 80, 86, 98 $1,000
5.   21, 32, 49, 51, 52, 53, 56, 65, 67, 68, 69, 71, 72, 77, 82, 83, 84, 85, 90, 91, 92, 94, 101, 102, 103, 105, 108, 109, 110 $1,500
6.   41, 42 ,44, 46, 50, 54, 55, 57, 58, 58.1, 59, 59.1, 62, 63, 66, 70, 73, 75, 78, 87, 88, 89, 95, 96, 97, 99, 100, 106, 107 minimum  of $1,500 to
maximum of $5,000


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