MVDA and Related Statutes
The Motor Vehicle Dealer
industry in Ontario operates
under the umbrella of the
Motor
Vehicle Dealers Act. The
administration of this Act and
its regulations is the direct
responsibility of OMVIC.
Individuals and businesses
buying and selling vehicles for
a living must adhere to the
principles of the act.
Otherwise, OMVIC has the
authority to impose disciplinary
and legal action upon them. Some
requirements contemplated by
other statutes and regulations
Consumer Protection Act (and
Regulations),
Sale of Goods Act,
Highway Traffic Act,
Retail Sales Tax Act,
Business Corporations Act,
etc. must also be observed by
members of the industry.
Note:
These Acts are administered by
government agencies like the
Ministry of Consumer Services
and the
Ministry of Transportation.
OMVIC has the authority to
invoke these Acts exclusively on
industry-related cases and under
certain conditions only.
Examples of issues that fall
outside OMVIC's jurisdiction
include vehicles repaired by
licenced mechanics, private
vehicle sales and safety
inspection certificates.
Click here to learn more about
the MVDA
Standards of Business
Practice, 2010
Section 6 of the Motor Vehicle Dealers Act, 2002 (the “Act") requires dealers and salespeople (collectively referred to as “Registrants”), to conduct business activity with honesty, integrity, financial responsibility and in accordance with law. It is important to note that despite any contract or waiver to the contrary the Code of Ethics applies to all Registrants.
The Standards of Business Practice, 2010 apply to all Registrants in Ontario, including all persons employed, appointed or authorized by a motor vehicle dealer to act on the dealer’s behalf in any transaction arising from or related to the trade in a motor vehicle. Registrants who disregard the Code of Ethics are subject to having their conduct reviewed and, after a fair review of the situation, may face disciplinary action by the Discipline Committee.
The purpose of the Standards of Business Practice, 2010
is to assist Registrants by illustrating what is expected of them. The
Standards of Business Practice, 2010 attempts to illustrate the Code of Ethics by providing practical examples and by applying the standards of honesty and integrity in specific situations. These represent minimum standards and are illustrative rather than exhaustive. OMVIC anticipates that Registrants will wish to exceed these minimum standards and that they conduct all business activities with honesty, fairness, integrity and within the law at all times.
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