Improving Consumer Protection for the Re-Sale of Tickets: Ticket Speculation Act, Potential exemption regulation
Regulation - Minister
Bill or Act:
Ticket Speculation Act
Summary of Decision:
The regulation was filed with the Registrar of Regulations on June 18, 2015. The regulation is in force July 1, 2015.
November 6, 2014
Summary of Proposal:
Tickets to events in Ontario are increasingly sold online. Electronic tickets are convenient for many reasons, but they may be fraudulently copied or printed in multiple copies, then resold. Those who buy the fraudulent copies are denied entry to the event and lose their money.
The Attorney General is consulting on a minister's regulation to encourage ticket resellers to sell their tickets through a system or service that authenticates the tickets offered for resale, or that ensures that the purchaser of the resold tickets gets a credible money-back guarantee. The authentication system or money-back guarantee would reduce the likelihood that the tickets will be fraudulent or multiple copies of real tickets.
To encourage ticket resellers to use such systems, resellers that use them would be allowed to resell the tickets at more than their face value. While the Ticket Speculation Act prohibits the resale or purchase of tickets to events in Ontario for more than their face value, the Act allows the Attorney General to exempt by regulation any person from any provision of the Act, on conditions specified by the Attorney.
The Act also prohibits primary and secondary sellers of tickets from selling tickets to the same event if they are 'related'. They are related if an arrangement between them gives the primary seller an incentive to transfer the tickets to the secondary seller rather than selling them to the public.
The regulation contemplated here would also ensure that primary and secondary sellers are not considered 'related' for the purposes of the Act only for participating in an authentication system or service.
Ministry of the Attorney General
Justice Policy Development Branch
720 Bay Street, 7th Floor
Toronto, ON M7A 2S9
July 1, 2015