Section 7 — Registration and renewal

(1)An application for registration as a registered dealer, or renewal of registration, must be —

(a)made to the Registrar in the form and manner specified by the Registrar;

(b)accompanied by the documents and information required by the Registrar; and

(c)accompanied by the application fee prescribed, if any.

(2)The Registrar may —

(a)grant the registration or renewal, with such conditions and for such period as may be prescribed; or

(b)refuse the registration or renewal.