Licensee’s triennial certificate: grant and renewal
31 Licensee’s triennial certificate: grant and renewal
Subject to this Act, the Commissioner shall on the grant of a licence grant the licensee a certificate which confers on the licensee the right to carry on business as an agent for the period of 3 years commencing on the date on which it is granted.
Subject to this Act, a triennial certificate may be renewed for subsequent periods of 3 years each by payment of the prescribed fee and delivery to the Commissioner of an application signed —
by the licensee, if the licensee is an individual; or
by the person in bona fide control of the business of the licensee, if the licensee is a firm or a body corporate.
The Commissioner must not renew a licensee’s triennial certificate unless the Commissioner is satisfied of the matters in —
for an individual — section 27(1)(b), (c) and (d); or
for a firm — section 28(a), (b), (c) and (d); or
for a body corporate — section 29(a), (b), (c) and (d).
[Section 31 amended: No. 34 of 1998 s. 10; No. 55 of 2004 s. 1007; No. 58 of 2010 s. 134; No. 25 of 2019 s. 44.]
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