TICO TICO's Role and Mandate 2

Question 1

TICO operates as what type of organization under Ontario's regulatory framework?

Accepted Answer

A not-for-profit corporation that is a delegated administrative authority operating under provincial government authority

Answer

TICO is a not-for-profit corporation designated as a delegated administrative authority by the Ontario government to administer the Travel Industry Act, 2002.

Question 2

Which of the following best describes TICO's mandate under the Travel Industry Act, 2002?

Accepted Answer

To protect the public interest by regulating and enforcing standards for Ontario's travel agents and wholesalers

Answer

TICO's mandate is to protect the public interest through the regulation and enforcement of standards for travel agents and wholesalers operating in Ontario.

Question 3

TICO's board of directors includes representation from which key stakeholders?

Accepted Answer

Both industry representatives and consumer representatives, along with independent directors

Answer

TICO's board includes travel industry representatives, consumer representatives, and independent directors to balance industry expertise with public interest accountability.

Question 4

Under TICO's education mandate, the TICO examination is required for which individuals?

Accepted Answer

All individuals who wish to register as travel agents in Ontario for the first time

Answer

All new travel agent registrants in Ontario must pass the TICO examination as a condition of first-time registration.

Question 5

TICO's public registry allows consumers to verify which of the following?

Accepted Answer

Whether a travel agent or agency is currently registered with TICO and in good standing

Answer

TICO's public registry allows consumers to verify the registration status of travel agents and agencies to confirm they are legally authorized to sell travel in Ontario.

TICO - Travel Industry Council of Ontario Practice Test

TICO - Travel Industry Council of Ontario Practice Test

TICO TICO's Role and Mandate 2