Practice Test GeeksTICO - Travel Industry Council of Ontario Practice Test
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Travel Industry Laws 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 Travel Industry Laws flashcards as text

  1. Under Ontario travel law, when must a travel agent's TICO registration be renewed?

    Answer: Annually, on the date specified in the registration certificate

    TICO registrations must be renewed annually. Failure to renew on time can result in the registration lapsing, making it illegal to continue selling travel services.

  2. What is the primary purpose of the Travel Industry Act, 2002?

    Answer: To regulate the registration and conduct of travel agents and wholesalers in Ontario to protect consumers

    The Travel Industry Act, 2002 is Ontario's primary legislation regulating travel agents and wholesalers, with consumer protection as its central purpose.

  3. A travel agency operating in Ontario without TICO registration is:

    Answer: In violation of the Travel Industry Act, 2002 and subject to prosecution

    Operating as a travel agent or wholesaler in Ontario without TICO registration is a direct violation of the Travel Industry Act, 2002.

  4. Under the Travel Industry Act, 2002, an individual travel agent employee must:

    Answer: Be individually registered with TICO even if their employer agency is also registered

    Both the travel agency and each individual travel agent employee must be registered with TICO. Individual registration is mandatory.

  5. Under what circumstances may a TICO registrant legally accept client funds into their personal bank account rather than a trust account?

    Answer: Never — client funds must always be deposited into a designated trust account

    There are no exceptions under the Travel Industry Act, 2002 — all client funds must be deposited into a designated trust account, regardless of amount or timing.

  6. Which government ministry is responsible for administering the Travel Industry Act, 2002 in Ontario?

    Answer: The Ministry of Public and Business Service Delivery

    The Travel Industry Act, 2002 falls under Ontario's consumer protection legislation, administered through the Ministry of Public and Business Service Delivery.