Acts and Regulations

S-5.5 - Securities Act

Section 51
Disposition versions

Full text
Surrender of registration
51(1)On the application of a registrant, the Executive Director may accept, subject to such terms and conditions as he or she considers appropriate, the surrender of the registration of the registrant unless the Executive Director is of the opinion that it could be prejudicial to the public interest to do so.
51(2)On receiving an application under subsection (1), the Executive Director may, without providing an opportunity to be heard, suspend the registration.
2007, c.38, s.26; 2008, c.22, s.14
Surrender of registration
51(1)On the application of a registrant, the Executive Director may accept, subject to such terms and conditions as he or she considers appropriate, the voluntary surrender of the registration of the registrant unless the Executive Director is of the opinion that it could be prejudicial to the public interest to do so.
51(2)On receiving an application under subsection (1), the Executive Director may, without providing an opportunity to be heard, suspend the registration.
2007, c.38, s.26
Surrender of registration
51On the application of a registrant, the Executive Director may accept, subject to the regulations and such terms and conditions as the Executive Director considers appropriate, the voluntary surrender of the registration of the registrant, if the Executive Director is satisfied that the financial obligations of the registrant to the registrant’s clients have been discharged and that the surrender of the registration would not be prejudicial to the public interest.