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ontario regulation 167/08

made under the

ontario new home warranties plan act

Made: May 8, 2008
Filed: June 2, 2008
Published on e-Laws: June 3, 2008
Printed in The Ontario Gazette: July 21, 2008


Amending Reg. 894 of R.R.O. 1990

(Terms and Conditions of Registration of Builders and Vendors)

1. (1) Section 1 of Regulation 894 of the Revised Regulations of Ontario, 1990 is amended by adding the following paragraphs:

11.5 If the Registrar so requests at any time, the registrant shall provide the Registrar with all information relating to the registrant’s record of closing delays or occupancy delays that the Registrar reasonably requests.

11.6 If the information provided by the registrant under paragraph 11.5 or the results of an examination or interview by the Registrar or an inspection by the Corporation demonstrate that a registrant has not complied with the warranties set out in Ontario Regulation 165/08 (Warranty for Delayed Closing or Delayed Occupancy) made under the Act, the Registrar may require the registrant, as a condition for continuing to be registered, to,

i. refrain from entering into any purchase agreement until after a particular date or event,

ii. disclose to purchasers all information regarding the potential for closing delays or occupancy delays relating to a purchase agreement that the Registrar reasonably requires,

iii. limit the number of homes that the registrant constructs,

iv. post security with the Corporation, or

v. successfully complete a course of study that the Registrar specifies.

(2) Paragraph 12 of section 1 of the Regulation is amended by striking out the portion before the Addendum and substituting the following:

12. On request, the registrant shall furnish to the Registrar proof that the following Addendum forms part of every purchase agreement entered into before July 1, 2008 in respect of every home of a type described in clause (a) or (b) of the definition of “home” in section 1 of the Act constructed by the registrant.

2. This Regulation comes into force on the day it is filed.

Made by:
Pris par :

Tarion Warranty Corporation:

Le président,

Harry Herskowitz

Chairman

Le secrétaire de la Société,

Alex W. MacFarlane

Corporate Secretary

Date made by the directors: May 8, 2008.
Pris par les administrateurs le : 8 mai 2008.

Date confirmed by the members in accordance with the Corporations Act: May 8, 2008.
Ratifié par les membres conformément à la Loi sur les personnes morales

le : 8 mai 2008.

Le secrétaire de la Société,

Alex W. MacFarlane

Corporate Secretary

Date certified: May 29, 2008.
Attesté le : 29 mai 2008.

 

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