TICO's Role and Mandate Flashcards
6 cards from real TICO practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 TICO's Role and Mandate flashcards as text
TICO operates as what type of organization under Ontario's regulatory framework?
Answer: A not-for-profit corporation that is a delegated administrative authority operating under provincial government authority
TICO is a not-for-profit corporation designated as a delegated administrative authority by the Ontario government to administer the Travel Industry Act, 2002.
Which of the following best describes TICO's mandate under the Travel Industry Act, 2002?
Answer: To protect the public interest by regulating and enforcing standards for Ontario's travel agents and wholesalers
TICO's mandate is to protect the public interest through the regulation and enforcement of standards for travel agents and wholesalers operating in Ontario.
TICO's board of directors includes representation from which key stakeholders?
Answer: Both industry representatives and consumer representatives, along with independent directors
TICO's board includes travel industry representatives, consumer representatives, and independent directors to balance industry expertise with public interest accountability.
Under TICO's education mandate, the TICO examination is required for which individuals?
Answer: All individuals who wish to register as travel agents in Ontario for the first time
All new travel agent registrants in Ontario must pass the TICO examination as a condition of first-time registration.
TICO's public registry allows consumers to verify which of the following?
Answer: Whether a travel agent or agency is currently registered with TICO and in good standing
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.
How does TICO's role differ from that of a typical industry association such as ACTA (Association of Canadian Travel Agencies)?
Answer: TICO is a statutory regulator with enforcement powers, while ACTA is a voluntary industry association providing advocacy and member services
TICO is a statutory regulatory body with enforcement powers established under Ontario law, whereas ACTA is a voluntary industry association that advocates for travel professionals.