18 (1) The Discipline Committee shall, (a)  when so directed by the Council or by a Complaints Committee, hear and determine allegations of misconduct or incompetence against any member; (b)  hear and determine matters referred to it under sections 16 and 22; and (c)  perform such other duties as are assigned to it by the Council. Idem (2) In the case of hearings into allegations of misconduct or incompetence, the Discipline Committee shall, (a)  consider the allegations, hear the evidence and ascertain the facts of the case; (b)  determine whether upon the evidence and the facts so ascertained the allegations have been proved; (c)  determine whether in respect of the allegations so proved the member is guilty of misconduct or incompetence; (d)  determine the penalty to be imposed as hereinafter provided in cases in which it finds the member guilty of misconduct or of incompetence. Misconduct (3) A member may be found guilty of misconduct by the Committee if, (a)  the member has been found guilty of an offence relevant to the member’s suitability to carry on business as a registered insurance broker upon proof of such conviction; or (b)  the member has been guilty in the opinion of the Discipline Committee of misconduct as defined in the regulations. Incompetence (4) The Discipline Committee may find a member to be incompetent if in its opinion the member has, while acting as an insurance broker, displayed a serious lack of knowledge, skill or judgment or a serious disregard for the welfare of a member of the public. Powers of Discipline Committee (5) Where the Discipline Committee finds a member guilty of misconduct or incompetence it may by order, (a)  revoke the certificate of the member; (b)  suspend the certificate of the member for a stated period; (c)  impose such restrictions on the certificate of the member for such a period and subject to such conditions as the Committee designates; (d)  reprimand the member and, if deemed warranted, direct that the fact of such reprimand be recorded on the register; (e)  impose such fine as the Committee considers appropriate to a maximum amount prescribed in the regulations to be paid by the member to the Treasurer of Ontario for payment into the Consolidated Revenue Fund; (f)  direct that the imposition of a penalty be suspended or postponed for such period and upon such terms as the Committee designates; (g)  impose a requirement that the member reimburse any person who made a complaint against the member for any costs incurred by such person in the proceedings, or any combination thereof. Costs (6) Where the Discipline Committee is of the opinion that the commencement of the proceedings was unwarranted, the Committee may order that the Corporation reimburse the member for the member’s costs or such portion thereof as the Discipline Committee fixes. Stay (7) Where the Discipline Committee revokes, suspends or restricts the certificate of a member on the grounds of misconduct or incompetence, the decision takes effect immediately even though an appeal is taken from the decision unless the court to which the appeal is taken orders otherwise. Service of decision of Discipline Committee (8) Where the Discipline Committee finds a member guilty of misconduct or incompetence, a copy of the decision shall be served upon the person complaining in respect of the conduct or action of the member. Continuation on expiry of Committee membership (9) Where a proceeding is commenced before the Discipline Committee and the term of office on the Council or on the Committee of a member sitting for the hearing expires or is terminated before the proceeding is disposed of but after evidence has been heard, the member shall be deemed to remain a member of the Discipline Committee for the purpose of completing the disposition of the proceeding in the same manner as if his or her term of office had not expired or been terminated.  R.S.O. 1990, c. R.19, s. 18.