BR•JT ISH COLUJVIBIA IN THE MATTER OF THE FINANCIAL INSTITUTIONS ACT R.S.B.C. 1996, C. 141 and DATA GATHERING SERVICE INC. dba FIRST CANADIAN PROTECTION PRODUCTS (ALBERTA), and its directors DONALD ALBERT WHEATON, WILLIAM G. WHEATON, and DAVID J. WHEATON
0769510 B.C. LTD. dba PENTICTON HONDA and its directors and officers RICHARD SENTES and DAVID DEMPSTER
MILLENNIUM INSURANCE CORPORATION
CONSENT ORDER AND UNDERTAKINGS [VARIANCE OF APRIL 7 and 24, 2009 ORDERS]
WHEREAS DATA GATHERING SERVICE INC. dba FIRST CANADIAN PROTECTION PRODUCTS (ALBERTA) and MILLENNIUM INSURANCE CORPORATION and Staff of the Superintendent of Financial Institutions consent to a variance of the April 7 and 24 2009 Orders and Undertakings issued and provided in this matter this matter;
I HEREBY ORDER: 1. That the Undertaking in paragraph 1(a) of the April 24, 2009 Order be varied to take into consideration extraprovincial regulatory obligations by providing as follows:
(a) With regard to the Order set forth in paragraph 3 (page 13) of the April 7, 2009 Order issued in this matter, Millennium Insurance Corporation ("Millennium") undertakes to proceed with arranging to provide direct certificate holder recourse to Millennium which will honour all certificates currently in-force that were sold in the Province of British Columbia through data Gathering Service Inc. Millennium will report to the Superintendent by August 4, 2009 to confirm that Millennium has put in place a process which such certificate holders can directly seek recourse from Millennium, in order to comply with the Order of April 7, 2009
Superintendent of Financial Institutions Mailing Address: We b Address ' 1200 - 13450 102 Avenue www.ficom bc.ca Surrey, BC V3T 5X3 Telep hone: 604953-5300 Facsimile : 604 953-5301
2 such certificate holders can directly seek recourse from Millenn ium, in order to comply with the Order of April 7, 2009
2. That paragraph 1(e) of the April 24, 2009 Order is varied to extend the dates set forth in that paragraph, including 1(e)(i) and (li) to August 26, 2009.
CONSENTED TO BY: DA A GATHERING SERVICE INC. dba FIRST CANADIAN PROTECTION PRODUCTS By its authorized signatory
MILLENNIUM INSURANCE CORPORATION By its authorized signatory
Sandra A. Wilkinson Counsel for the STAFF OF THE SUPERINTENDENT OF FINANCIAL INSTITUTIONS
CONSENTED TO at the City of Surrey, Provinc~ of British Columbia this ~711f day of June, 2009.
(~ .. _ <~..c= W~;rk Superintendent of Financial Institutions , Province of British Columbia