67
In forceConditions for granting application
Part 4Key persons
Division 2Applications for, and issue of, key person licences
67 Conditions for granting application
(1)
The chief executive may grant an application for a key person licence only if—
(a)
the applicant’s photograph and fingerprints have been taken; and
(b)
the chief executive is satisfied the applicant is a suitable person to hold a key person licence.
(2)
In deciding whether the applicant is a suitable person to hold a key person licence, the chief executive may have regard to the following matters—
(a)
the applicant’s character;
(b)
the applicant’s current financial position and financial background;
(c)
the applicant’s general suitability to carry out functions for a licensed provider as a key person.
This Act’s bill:Explanatory memorandum
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