THE REAL ESTATE BROKERS ACT ) Order No. 2600 ) Section 11(1); 34(1) ) November 5, 2008 LORIN McLACHLAN WHEREAS: (A) On May 18, 2007, The Manitoba Securities Commission (the Commission) issued a Notice of Hearing (the Notice) giving notice of its intention to hold a hearing (the Hearing) to consider, among other things, whether it was in the public interest to suspend or cancel the registration of Lorin McLachlan (McLachlan) as a salesperson under The Real Estate Brokers Act (the Act); (B) McLachlan and Staff of the Commission (Staff) entered into a Settlement Agreement (the Settlement Agreement), a copy of which is attached as Schedule A dated November 3, 2008, in which Staff and McLachlan agreed to a proposed settlement in the proceedings initiated by the Notice, subject to the approval of the Commission; (C) McLachlan has consented to the issuance of this Order and has waived her right to a full hearing; (D) The Commission has reviewed the Settlement Agreement and is of the opinion that it is in the public interest to make this Order. IT IS ORDERED: 1. THAT the Settlement Agreement be and the same is hereby approved. 2. THAT McLachlan will make a payment to the Treasury of the Province of Manitoba in the amount of eight thousand ($8,000.00) Dollars forthwith. 3. THAT McLachlan enroll in and successfully complete the following components of Phase 2 of the Real Estate as a Professional Career course: Phase 2: Unit 2: Statutory Law (Real Estate Brokers Act) within six months from November 3, 2008. 500-400 St. Mary Avenue, Winnipeg, Manitoba R3C 4K5 tel: (204) 945.2548 fax: (204) 945.0330 www.msc.gov.mb.ca
4. THAT McLachlan enroll and successfully complete the following component of Phase 3 of the Real Estate as a Professional Career course: Phase 3: Unit 5: Offers to Purchase, within six months from November 3, 2008. BY ORDER OF THE COMMISSION Director - Legal
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