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:
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 |
