TICO Registration Requirements 3

Question 1

What enforcement action can TICO take against a registrant who fails to comply with the Travel Industry Act, 2002 or its regulations?

Accepted Answer

Suspend or revoke the registrant's registration

Answer

Issue only a written reprimand for a first violation

Answer

Refer the matter to the federal Competition Bureau for action

Answer

Place the registrant on a mandatory one-year probationary period

Question 2

If TICO proposes to refuse, suspend, or revoke a registration, what procedural right does the applicant or registrant have?

Accepted Answer

The right to request a hearing before the Licence Appeal Tribunal (LAT)

Answer

The right to appeal directly to the Ontario Court of Justice

Answer

No rights — TICO's decision is final and not subject to review

Answer

The right to a ministerial review by the Ontario Ministry of Consumer Services

Question 3

Which of the following best describes a 'travel agent' as defined under the Travel Industry Act, 2002?

Accepted Answer

A person who sells travel services directly to the public

Answer

A person who only provides visa and passport application services

Answer

A person who operates an airline or cruise ticketing office

Answer

A person who provides foreign exchange services to travellers

Question 4

How is a 'travel wholesaler' best described under TICO's regulatory framework?

Accepted Answer

A person who assembles travel services and sells them to travel agents for resale to consumers

Answer

A person who sells travel services directly to the public at discounted wholesale prices

Answer

A travel agent who is licensed to operate in multiple provinces simultaneously

Answer

A business that purchases airline seats in bulk and sells them directly to the public

Question 5

What is the consequence for a TICO-registered travel agency that employs an unregistered individual to sell travel services to consumers?

Accepted Answer

The registered agency may face disciplinary action for permitting unregistered selling

Answer

The unregistered employee receives a 30-day grace period to obtain registration

Answer

There is no consequence as registration obligations apply only to business owners

Answer

The employee may continue working while their TICO application is under review

Question 6

Which of the following is a requirement for maintaining a TICO registration in good standing?

Accepted Answer

Complying with TICO's Code of Ethics and all applicable legislation

Answer

Achieving a minimum annual sales volume of $250,000

Answer

Maintaining active membership in the Association of Canadian Travel Agencies (ACTA)

Answer

Employing at least one full-time staff member certified in travel insurance

Question 7

What must be displayed at a registered travel agency's place of business to demonstrate compliance with TICO requirements?

Accepted Answer

The TICO registration certificate and registration number

Answer

The agency's annual revenue and total number of clients served

Answer

The full names of all employees along with their individual registration numbers

Answer

A complete list of all travel suppliers the agency is authorized to book with