Introduction
The Motor Vehicle Dealers Act: The primary legislation governing Ontario's
retail automotive sector.
OMVIC enforces the: Motor Vehicle Dealers Act.
OMVIC caries out:
- the inspection of dealers
- maintains a complaint line for customers
- conducts investigations
- administers and enforces the MVDA 2002
- conducts disciplinary hearings
- conducts prosecutions
- administers the compensation fund
How many people compose OMVIC’s board of directors?
12 - 9 Dealers & 3 Consumer Reps
Transaction Fee Program:
Dealers are required to pay $5.00 for each vehicle sold or leased to OMVIC
True or False: The transaction fee can be passed along to the consumer.
True : if the dealership chooses to.
What information is OMVIC required to make available to the public?
- business name , address and phone number
- salesperson name
-any proposal to refuse suspend or revoke the registration of a dealer
salesperson
,If OMVIC determines that a dealer's advertising is false or misleading, what do
they do to correct it?
Cease publication and issue retraction or correction.
If an order is used to stop or correct false advertising, for how long may the
dealer need to seek OMVIC's pre-approval for future advertising?
Up to 2 years.
Possible situations which could result in OMVIC applying to court appoint a
receiver and manager to assume temporary control of a dealership:
- If there has been an investigation
- If the dealership is about to fail
- If OMVIC is proposing to revoke a registration
- If a "freeze order" is about to be made
Chapter 2
What is the minimum age to become a dealer?
18 years old.
Three requirements that must be met when applying to become a salesperson:
- complete and pass course
- pay fee
-be employed by a dealer
True or False: All dealer and salesperson applicants undergo a canadian-wide
criminal record search as part of the application screening process.
True.
, Dealers, Salespersons, Business Managers & Finance Managers
Must be registered with OMVIC.
OMVIC might refuse registration of a dealer or salesperson if:
- there is a false statement on application
- cannot be financially responsible
If you are refused from the OMVIC registration, how long until you can
reapply?
2 years with new evidence to prove change.
Explanation:
If you get rejected from OMVIC registration, think of it like being denied entry
to a club - you have to wait 2 years before you can try again, but this time you
need to bring new evidence to show that you've changed.
If OMVIC issues a proposal to refuse or revoke a registration, whom can the
applicant appeal?
Licence Appeal Tribunal.
Explanation:
If OMVIC rejects or cancels a registration, the applicant can appeal to the
Licence Appeal Tribunal, which is like a court for car dealerships.
Four Classes of Dealers
General Dealer, Broker, Wholesaler, and Exporter.
Explanation:
Imagine a bustling marketplace where there are four types of dealers: the
general dealer who sells a variety of goods, the broker who connects buyers
and sellers, the wholesaler who sells in bulk to retailers, and the exporter who
sells goods to other countries.
Three examples of people who are exempt from OMVIC registration:
A wrecker is exempt from OMVIC registration, meaning they don't need to be
licensed by OMVIC to sell vehicles, just like how a superhero doesn't need a
licence to save the day.
The Motor Vehicle Dealers Act: The primary legislation governing Ontario's
retail automotive sector.
OMVIC enforces the: Motor Vehicle Dealers Act.
OMVIC caries out:
- the inspection of dealers
- maintains a complaint line for customers
- conducts investigations
- administers and enforces the MVDA 2002
- conducts disciplinary hearings
- conducts prosecutions
- administers the compensation fund
How many people compose OMVIC’s board of directors?
12 - 9 Dealers & 3 Consumer Reps
Transaction Fee Program:
Dealers are required to pay $5.00 for each vehicle sold or leased to OMVIC
True or False: The transaction fee can be passed along to the consumer.
True : if the dealership chooses to.
What information is OMVIC required to make available to the public?
- business name , address and phone number
- salesperson name
-any proposal to refuse suspend or revoke the registration of a dealer
salesperson
,If OMVIC determines that a dealer's advertising is false or misleading, what do
they do to correct it?
Cease publication and issue retraction or correction.
If an order is used to stop or correct false advertising, for how long may the
dealer need to seek OMVIC's pre-approval for future advertising?
Up to 2 years.
Possible situations which could result in OMVIC applying to court appoint a
receiver and manager to assume temporary control of a dealership:
- If there has been an investigation
- If the dealership is about to fail
- If OMVIC is proposing to revoke a registration
- If a "freeze order" is about to be made
Chapter 2
What is the minimum age to become a dealer?
18 years old.
Three requirements that must be met when applying to become a salesperson:
- complete and pass course
- pay fee
-be employed by a dealer
True or False: All dealer and salesperson applicants undergo a canadian-wide
criminal record search as part of the application screening process.
True.
, Dealers, Salespersons, Business Managers & Finance Managers
Must be registered with OMVIC.
OMVIC might refuse registration of a dealer or salesperson if:
- there is a false statement on application
- cannot be financially responsible
If you are refused from the OMVIC registration, how long until you can
reapply?
2 years with new evidence to prove change.
Explanation:
If you get rejected from OMVIC registration, think of it like being denied entry
to a club - you have to wait 2 years before you can try again, but this time you
need to bring new evidence to show that you've changed.
If OMVIC issues a proposal to refuse or revoke a registration, whom can the
applicant appeal?
Licence Appeal Tribunal.
Explanation:
If OMVIC rejects or cancels a registration, the applicant can appeal to the
Licence Appeal Tribunal, which is like a court for car dealerships.
Four Classes of Dealers
General Dealer, Broker, Wholesaler, and Exporter.
Explanation:
Imagine a bustling marketplace where there are four types of dealers: the
general dealer who sells a variety of goods, the broker who connects buyers
and sellers, the wholesaler who sells in bulk to retailers, and the exporter who
sells goods to other countries.
Three examples of people who are exempt from OMVIC registration:
A wrecker is exempt from OMVIC registration, meaning they don't need to be
licensed by OMVIC to sell vehicles, just like how a superhero doesn't need a
licence to save the day.
