Money received by the Authority on account of a penalty beneath subsection or, topic to the laws, an extra penalty under subsection could additionally be expended by the Authority only for the purpose referred to in part 44 . If subsection applies, the superintendent could, by order, require a person having in British Columbia, on deposit, under control or for safekeeping, any property of the licensee to hold all of that property, or any of it recognized in the order. The superintendent might make an order under this section if the superintendent believes on affordable grounds that a licensee has contravened this Act, the rules or the rules in a method that’s contrary to the common public curiosity. Require the licensee to stop or to hold out any specified exercise related to the licensee’s actual property enterprise.
A story in the Real Deal describing an apocalyptic memo from Goldman Sachs …
