Real Estate Orders and Exemptions

Decision Information

Decision Content

THE MORTGAGE BROKERS ACT           

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Order No. 2709

 

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SUBSECTION 5(1)   

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May 25, 2016

 

 

Donald Fearon Moulden o/a Moulden Group

(hereinafter referred to as the “Registrant”)

 

 

WHEREAS:

 

(A)         The Registrant is registered as a broker under The Mortgage Brokers Act (the “Act”);

 

(B)         The Registrant’s financial year ended on December 31, 2015;

 

(C)         The Registrant has failed to file the Form 3 – Statutory Declaration required by Section 25 of the Manitoba Regulation 41/11 (the “Regulation”) for the financial year end as set out in paragraph (B) above.

 

IT IS ORDERED:

 

1.            THAT, under Subsection 5(1) of the Act, the registration of the Registrant as a broker under the Act is hereby suspended and shall remain so suspended until the Registrant has:

 

(a)          furnished to the Registrar the Form 3 – Statutory Declaration for the financial year ended on the date set out in paragraph (B) hereof;

 

(b)          been notified by the Registrar that the trust report or affidavit is in proper form and has been accepted; and,

 

(c)          applied for reinstatement of registration and paid fees as prescribed by Manitoba Regulation 41/2011.

 

BY ORDER OF THE COMMISSION

 

 

                                                                                          Director – Legal

 

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