Must be deposited to the credit of the inspiration fund in a financial savings institution in British Columbia. The fund established by the muse underneath the Real Estate Act, R.S.B.C. 1996, c. 397, is sustained, to be maintained and used for the purposes of the inspiration. On written directions of the minister, to undertake and perform tasks and actions that the minister designates as being within the public curiosity. The Lieutenant Governor in Council might, by order, direct that one or more provisions of the Business Corporations Act apply to the inspiration. For certainty, subsection doesn’t apply in relation to an order of the superintendent underneath part 41 or 48 .
Before cancelling or suspending a licence underneath this part, the superintendent should give discover to the licensee and supply the licensee with a chance to be heard respecting the matter. The superintendent could amend the licence of the related …