FPCOB 12.3 Obligations on providers
FPCOB 12.3.1R
1A funeral plan provider must ensure that its arrangements for another firm or an appointed representative to distribute funeral plan contracts:
- (1)
prohibit that person from accepting payments payable to a funeral plan provider; or
- (2)
prohibit such payments other than by cheque or 2in cash and:
- (a)
are compatible with the requirements of FPCOB 12.2.1R; and
- (b)
(for arrangements with a firm) make clear whether or not the firm is permitted to appoint appointed representatives to act as agent for the funeral plan provider in receiving contractual payment in cash2.
- (a)