PART XIX EXAMINATION AND ENFORCEMENT
Offences, false information, etc.
447 (1) Repealed: 2013, c. 2, Sched. 8, s. 39. Offences (2) Every person is guilty of an offence who, (a)  directly or indirectly furnishes false, misleading or incomplete information to the Authority whether the information is required under this Act or is volunteered; (a.1)  knowingly makes a false or misleading statement or representation to an insurer in connection with the person’s entitlement to a benefit under a contract of insurance; (a.2)  wilfully fails to inform an insurer of a material change in circumstances in connection with the person’s entitlement to a benefit under a contract of insurance within 14 days of the material change; (a.3)  knowingly makes a false or misleading statement or representation to an insurer in order to obtain payment for goods or services provided to an insured, whether or not the insured received the goods or services; (b)  fails to comply with any requirement, or any order or direction made, under this Act; (c)  fails to comply with any written undertaking given to the Tribunal or the Chief Executive Officer; (d)  contravenes this Act, the regulations or the Authority rules; or (e)  contravenes any term, condition or restriction imposed by a licence.  R.S.O. 1990, c. I.8, s. 447 (2); 1994, c. 11, s. 347; 1996, c. 21, s. 49; 1997, c. 28, s. 146; 2018, c. 8, Sched. 13, s. 22, 24; 2019, c. 14, Sched. 9, s. 19; 2021, c. 8, Sched. 5, s. 11 (1, 2). Penalty (3) On conviction for an offence under this Act, the person convicted is liable on a first conviction to a fine of not more than $250,000 and on each subsequent conviction to a fine of not more than $500,000.  2012, c. 8, Sched. 23, s. 76. Derivative (4) Every director, officer and chief agent of a corporation and every person acting in a similar capacity or performing similar functions in an unincorporated association who, (a)  caused, authorized, permitted or participated in the corporation or unincorporated association committing an offence referred to in subsection (2); or (b)  failed to take reasonable care to prevent the corporation or unincorporated association from committing an offence referred to in subsection (2), is guilty of an offence and is liable on a first conviction to a fine of not more than $100,000 and on each subsequent conviction to a fine of not more than $200,000, whether or not the corporation or unincorporated association has been prosecuted for or convicted of the offence.  R.S.O. 1990, c. I.8, s. 447 (4). Restitution (5) Where a person is convicted of an offence under this Act, the court making the conviction may, in addition to any other penalty, order the person convicted to make compensation or restitution in relation thereto.  R.S.O. 1990, c. I.8, s. 447 (5). Section Amendments with date in force (d/m/y) 1994, c. 11, s. 347 - 01/02/1995; 1996, c. 21, s. 49 - 01/11/1996; 1997, c. 28, s. 146 - 01/07/1998; 1999, c. 12, Sched. I, s. 4 (62) - 01/01/2001 2012, c. 8, Sched. 23, s. 76 - 01/01/2013 2013, c. 2, Sched. 8, s. 39 - 16/08/2013 2018, c. 8, Sched. 13, s. 22, 24 - 08/06/2019 2019, c. 14, Sched. 9, s. 19 (1, 2) - 10/12/2019 2021, c. 8, Sched. 5, s. 11 (1, 2) - 01/04/2022