Section 12 of the Real Estate Act, confirms the Real Estate Council of Alberta (the “Council”) has the authority to make rules respecting the eligibility requirements for a person to acquire and retain an authorization.
THEREFORE BE IT RESOLVED THAT:
1. Section 23 of the Rules is replaced with the following:
“23 (1) An industry member must satisfy all applicable professional development requirements prescribed by Council to retain a licence issued to the industry member by the Real Estate Council of Alberta.
(2) The onus is on the industry member to be informed of any applicable professional development requirements.”
DATED at Calgary, Alberta, this 20th day of December 2006.