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Superintendent of Financial Services |
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surintendant des services financiers |
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REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended (the “Act”), in particular section 441.4;
AND REGARDING Gurpreet Singh Lidder
ORDER IMPOSING SUMMARY ADMINISTRATIVE PENALTY
Gurpreet Singh Lidder holds a life insurance and accident and sickness insurance agent licence, licence number 04082976.
In a letter dated April 25, 2018 sent to Gurpreet Singh Lidder, a delegate of the Superintendent of Financial Services (“Superintendent”) advised of the intention to impose a summary administrative penalty against Gurpreet Singh Lidder for the following contravention:
1. $1,000 for failing to complete 30 hours of continuing education credits, contrary to section 14 of Ontario Regulation 347/04;
Pursuant to subsection 441.4(2) of the Act, the Superintendent provided Gurpreet Singh Lidder with the opportunity to make written submissions, which were to be received by the Superintendent’s delegate on or before May 24, 2018. Gurpreet Singh Lidder provided written submissions.
Therefore, pursuant to subsection 441.4(1) of the Act and Item 30 of Schedule 3 of Ontario Regulation 408/12, the Superintendent orders a summary administrative penalty against Gurpreet Singh Lidder.
ORDER
A summary administrative penalty of $1,000 is imposed on Gurpreet Singh Lidder.
TAKE NOTICE THAT GURPREET SINGH LIDDER 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. GURPREET SINGH LIDDER must pay the administrative penalty no later than 30 days after the date of the invoice.
If GURPREET SINGH LIDDER 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 on June 22, 2018.
“Original signed by Heather Driver”
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Heather Driver
Director, Licensing Branch
By Delegated Authority from the Superintendent of Financial Services