Consensual Agreement and Undertaking Neil Brandon Cave
The Committee's Agreement: Upon fulfillment of the sanctions imposed, the Committee agrees this to be the full and final resolution of the violations of Council's Bylaws by the Licensee as outlined in this Agreement.
originally signed by: Neil Brandon Cave
Originally signed by Som Houmphanh for: THE MARKET PRACTICES COMMITTEE Life Insurance Council of Saskatchewan
.Apr-,ยท I Date
Date
May 17, 2024
Penalties affecting insurance intermediary's licence
Section 5-39(3) If a penalty imposed against a holder of an insurance intermediary's licence pursuant to subsection (2) is not paid within 30 days after the holder is served with the written notice of the penalty and the decision of the Superintendent is not appealed, the licence is automatically suspended immediately following the last date for paying the penalty or appealing the decision, whichever is later, and remains suspended until the penalty is paid or the licence expires.
3