Superintendent
of surintendant des
Financial services
Services financiers
___________________________________________________________________________
REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended (the “Act”), in particular sections 441.1, 441.2 and 441.3
AND REGARDING Timothy James Johnston
ORDER TO IMPOSE AN ADMINISTRATIVE
MONETARY PENALTY
On June 25, 2014, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to impose an administrative monetary penalty in the amount of $1,300 on Mr. Timothy James Johnston.
Mr. Johnston 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 Act.
The Registrar of the Tribunal has confirmed that no request for a hearing has been received from Mr. Johnston in respect of the proposal to impose an administrative monetary penalty.
Section 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 monetary penalty of $1,300 is imposed on Mr. Timothy James Johnston.
TAKE NOTICE THAT Mr. Timothy James Johnston 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. Mr. Johnston must pay the administrative penalty no later than 30 days after the date of the invoice.
If Mr. Johnston 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, September 30, 2014.
Original signed by “Michael Doi”, Acting Superintendent
_________________________________
Philip Howell
Superintendent of Financial Services