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Module 1 for TICO 2024
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Module 1 for TICO 2024
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Module 1 for TICO 2024Tico - ANS-Is a not for profit corporation that regulates, and is financed by the retail and
wholesale travel community
On June 25, 1995 - ANS-The government delegated the administration of the
Travel Industry Act to the Travel Industry Council of Ontario
What does TICO stands for - ANS-Travel Industry Council of Ontario
TICO is also responsible for - ANS-Industry financed Travel Industry Compensation
Fund. The act governs travel retailers and wholesales registered in Ontario.
Travel Industry Act - ANS-Was found in 2002
End supplier - ANS-A person that operates a travel service for which they have
ownership.
TICO is required by the ministry to? - ANS-Submit an annual report and annual
business plan
The provincial ministry of Consumer service is responsible for? - ANS-Consumer
legislation in Ontario, including the Travel Industry Act, 2002
TICO is managed by? - ANS-A Board of Directors and a Chief Executive Officer(CEO).
The board represents 15 members, 10 representatives from the travel industry, and 5
individuals appointed by the ministry to represent cosumers, business and the
government. There are currently 10 Board committees
TICO's mission is to? - ANS-Promote a fair and informed marketplace where consumers
can be confident in their travel purchases.
TICO's primary responsibilities are to - ANS-Administer the Travel Industry Act, 2002
and ensures that registrants follow the rules so that consumers are protected and can
be confident in their travel purchases.
TICO works with three groups to carry out its mandate. What are the three groups? -
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