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REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended, in particular sections 441.1, 441.2 and 441.3
AND REGARDING Anna Farah Khan
ORDER TO IMPOSE AN ADMINISTRATIVE PENALTY
On June
12, 2015, the Superintendent of Financial Services (“Superintendent”) issued a
Notice of Proposal to impose an administrative penalty in the amount of $1,250
on
Anna Farah Khan.
Ms. Khan had 15 days after service of the Notice to request a hearing before the Financial Services Tribunal (“Tribunal”) in accordance with sections 441.3(2) and 441.3(5) of the Insurance Act (“Act”).
The Registrar of the Tribunal has confirmed that no request for a hearing has been received from Ms. Khan in respect of the proposal to impose an administrative penalty.
Subsection 441.3(7) of the Act provides that the Superintendent may carry out the proposal to impose an administrative monetary penalty when no hearing has been requested.
ORDER
An administrative penalty of $1,250 is imposed on Anna Farah Khan.
TAKE NOTICE THAT Ms. Khan will be receiving shortly an invoice from Ontario Shared Services, a part of the Ministry of Government and Consumer Services, with information as to where and how to make the payment. Ms. Khan must pay the administrative penalty no later than 30 days after the date of the invoice.
If Ms. Khan fails to pay the administrative penalty in accordance with the terms of this Order, the Superintendent may file the Order with the Superior Court of Justice and the order may be enforced as if it were an order of the court. An administrative penalty that is not paid in accordance with the terms of an order imposing the penalty is a debt due to the Crown and is enforceable as such.
DATED at Toronto, Ontario, August 25, 2015.
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Anatol Monid
Executive Director, Licensing and Market Conduct Division
By delegated authority from the
Superintendent of Financial Services