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Purpose of the Committee
The RECO Legislation and Regulations Committee is a Board committee established pursuant to Section 11 of By-law No. 11. The purpose of the committee is to develop recommendations for the Board of Directors regarding potential changes to the Real Estate and Business Brokers Act, 2002 and its regulations. The committee may also make recommendations to the Board regarding consultation related to potential regulation changes.
Chair and Membership
The committee consists of a Chair, appointed by the Chair of the Board of Directors, two directors, two real estate sector representatives and one consumer representative. The Chair may recommend the appointment of non-Directors to the committee.
Members: Mike Cusano
Keith Tarswell, Ex-Officio
External Consultant(s): Doug Mander
Staff Participation: Joseph Richer, Registrar
Tom Wright, President/CEO
Elizabeth Silcox, Manager, Legal Services
Shelley Westlake-Brown, Manager, Executive & Board Operations
Duties, Functions or Responsibilities
To review REBBA 2002 provisions and regulations and develop recommendations for the Board on legislative and regulation policy priorities for RECO
To consider the recommendations and analysis of other Board committees, task forces and working groups in developing recommendations on RECO legislative and regulation priorities
To analyze and develop policy options, positions and recommendations to the Board related to:
specific potential legislative changes to REBBA 2002;
specific potential changes to REBBA 2002 regulations
To provide advice to the Board of Directors on the consultation process to be used related to the development of delegated regulations under REBBA 2002
To liaise with the Ministry of Government Services, as required, regarding RECO legislative and regulation priorities
To develop proposals for consultation regarding potential changes to REBBA 2002 regulations for the Board's consideration and approval
To provide advice and recommendations to the Board regarding consultation feedback and RECO's response to consultation on proposals for changes to regulations
To report to the Board of Directors on its activities in a timely manner, and to take direction from the Board