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Brokerage Standards Manual

Notice of Change: Information in this manual changed when new agency and disclosure rules came into effect on June 15, 2018. Learn more about the new rules.Notice of Change: Information in this manual changed when new agency and disclosure rules came into effect on June 15, 2018. Learn more about the new rules.

Licence Renewals

8. Refusal To Renew A Licence

In the event that RECBC refuses to renew a licence, section 13(4) of RESA requires RECBC to give the licensee written notice of the refusal and the reason for it and advise a licensee of their right to appeal. Section 54 of RESA provides that appeals of such decisions are made to the Financial Services Tribunal.