Resolution 2007-1 of the Real Estate Council of Alberta
WHEREAS by Section 11 of the Real Estate Act, the Real Estate Council of Alberta (the “Council”) has the authority to make bylaws.
THEREFORE BE IT RESOLVED THAT:
The Council hereby adopts the Administrative Penalty as follows:
first contravention of Rule 49 $1,000
second contravention of Rule 49 $2,500
Schedule 2, attached, to the bylaws is amended accordingly.
DATED at Calgary, Alberta, this 24th day of January 2007.