Who can apply for a licence?
34 Who can apply for a licence?
The following persons may apply to the Regulator for a licence—
a natural person of or over the age of 18 years—
on the person's own behalf; or
on behalf of a partnership in which the person is a partner;
a body corporate.
Despite subsection (1)—
a natural person cannot apply for a licence if the natural person or, if the natural person is applying on behalf of a partnership, any partner in the partnership, is a disqualified person; and
a body corporate cannot apply for a licence if the body corporate or any director of the body corporate is a disqualified person.
S. 34A inserted by No. 51/2024 s. 8.
This Act’s bill:Second reading speech
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