TICO Module One 2024/25; Questions and Answers 100% Verified
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Course
Tico
Institution
Tico
TICO Module One 2024/25; Questions and
Answers 100% Verified
June 25, 1997 - ANSWER-The ON government delegated the administration of
the
Travel Industry Act to the Travel Industry Council of Ontario.
TICO - ANSWER-Travel Industry Council of Ontario
TIA - ANSWER-Travel Industry Act
TICO Module One 2024/25; Questions and
Answers 100% Verified
June 25, 1997 - ANSWER-The ON government delegated the administration of
the
Travel Industry Act to the Travel Industry Council of Ontario.
TICO - ANSWER-Travel Industry Council of Ontario
TIA - ANSWER-Travel Industry Act
Travel Industry Compensation Fund - ANSWER-Refunds (fully or in part) eligible
consumers who bought travel services from an Ontario-registered travel agency
but did
not receive them because of the bankruptcy or insolvency of a registrant or an
airline or
cruise line end supplier.
End supplier - ANSWER-A person that operates a travel service for which they
have
, TICO Module One 2024/25; Questions and
Answers 100% Verified
owner-ship. Examples of end suppliers include airlines, cruise lines, hotels and
car
rental companies.
Do end suppliers need to be registered under the travel industry act, 2002? -
ANSWERNo, provided that they do not otherwise act as a travel agent or travel
wholesaler in
Ontario.
The Travel Industry Compensation Fun does not cover the non-provision of
travel
services by an end supplier except for... - ANSWER-Airlines and cruise lines
Who is TICO financed by? - ANSWER-The registration fees of travel agencies and
travel wholesalers registered in Ontario. Those same agencies and wholesalers
also
finance the Travel Industry Compensation Fund.
, TICO Module One 2024/25; Questions and
Answers 100% Verified
What is TICO? - ANSWER-This is a not-for-profit corporation that regulates, and
is
financed by, the retail and wholesale travel community.
What does the Act govern? - ANSWER-Travel retailers and wholesalers
registered in
Ontario.
Who is currently responsible for consumer legislation in Ontario, including the
Travel
Industry Act, 2002? - ANSWER-The provincial Ministry of Consumer Services /
"the
Ministry"
How does TICO work cooperatively with the government on behalf of the travel
industry
and the consumer? - ANSWER-- holds regular liaison meetings with the Ministry
to
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