| THE REAL ESTATE BROKERS ACT | ) |
Order No. 2529 |
) |
||
| SECTION 11 | ) |
May 20, 2005 |
Guy Sumida
o/a Sumida Realty & Investments
(hereinafter referred
to
as the "Registrant")
WHEREAS:
(A) The Registrant is registered as a broker under The Real Estate Brokers Act:
(B) The Registrant’s financial year ended on December 31, 2004
(C) The Registrant has failed to file the Accountant’s Report required by Section 14 of Manitoba Regulation 57/88 for the financial year ended on the date set out in paragraph (B) above or to apply for exemption from that requirement in accordance with sections 17(1) and 17(2) of the said Regulation as enacted by Manitoba Regulation 57/88
IT IS ORDERED:
1. That the registration of the Registrant as a broker under the Act is hereby
suspended and shall remain so suspended until the Registrant has
(a) furnished to the Registrar either a Trust Account Report for the financial
year
ended on the date set out in paragraph (B) hereof, or an affidavit for
that
(b) year in accordance with the said section 17(2) of the
Regulations;
(c) been notified by the Registrar that the report or affidavit is in proper
form and
has been accepted; and
(d) applied for reinstatement of registration and paid the fees as prescribed
by
Manitoba Regulations 56/88
BY ORDER OF THE COMMISSION
Director - Legal