TICO Role and Mandate 2

Question 1

Under which Ontario legislation does TICO derive its authority to regulate the travel industry?

Accepted Answer

Travel Industry Act, 2002

Answer

TICO administers and enforces the Ontario Travel Industry Act, 2002, which governs the registration and conduct of travel agents and wholesalers.

Question 2

Which Ontario government ministry is responsible for overseeing TICO as a delegated administrative authority?

Accepted Answer

Ministry of Public and Business Service Delivery

Answer

TICO operates as a delegated administrative authority under the Ministry of Public and Business Service Delivery (formerly Ministry of Government and Consumer Services).

Question 3

TICO's Board of Directors is composed of representatives from which groups?

Accepted Answer

Both travel industry representatives and consumer representatives

Answer

TICO's Board includes both industry representatives (travel agents and wholesalers) and consumer representatives, balancing industry and public interests.

Question 4

What is the primary source of TICO's operating funding?

Accepted Answer

Registration fees paid by travel registrants

Answer

TICO is funded primarily through registration and renewal fees paid by registered Ontario travel agents and wholesalers, not taxpayer dollars.

Question 5

Which statement best describes TICO's legal status as an organization?

Accepted Answer

A not-for-profit corporation designated under provincial law

Answer

TICO is a not-for-profit corporation that has been designated as a delegated administrative authority by the Ontario government.

TICO - Travel Industry Council of Ontario Practice Test

TICO - Travel Industry Council of Ontario Practice Test

TICO Role and Mandate 2