Canadian Payments Association By-law No. 6 — Compliance

Marginal note:Initiated by President

• 2 (1) The President may, at any time, if the President reasonably believes that a member or a non-member has committed a contravention, refer the matter to a committee that has relevant expertise for the purposes of an investigation.

• Marginal note:Requirements

  (2) The President shall provide the following when referring the matter to a committee:

  • (a) the name of the member or non-member involved;

  • (b) a description of the alleged contravention and the relevant facts;

  • (c) any documentary evidence supporting the allegation; and

  • (d) any other relevant information or arguments.

• Marginal note:Notice

  (3) Immediately after the President refers a matter to a committee, the President shall give written notice to the parties that the President has referred the matter to a committee for the purposes of an investigation. The notice shall contain a description of the alleged contravention.