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Debt Collection Act 2022

Debt Collection Act 2022 s 8

s 8 Grant or renewal of licence

8.—(1) After considering an application for or to renew a licence, the Licensing Officer may —(a) on payment of a licence fee or renewal fee (if prescribed), grant or renew the licence, as the case may be; or (b) refuse (without compensation) to grant or renew the licence, as the case may be. (2) The Licensing Officer must not grant or renew a licence if the Licensing Officer is satisfied that —(a) the applicant is not a fit and proper person to hold a licence; or (b) a key appointment holder of the applicant is not a fit and proper person to act in that capacity. (3) In determining whether —(a) an applicant is a fit and proper person to hold a licence; or (b) a key appointment holder of an applicant is a fit and proper person to act in that capacity, the Licensing Officer may have regard to, and give any weight that the Licensing Officer considers appropriate to, any criteria and requirements that are prescribed. (4) To avoid doubt, the Licensing Officer is not confined to consideration of the criteria and requirements prescribed under subsection (3), and may take into account any other matter or evidence that may be relevant. —(1) After considering an application for or to renew a licence, the Licensing Officer may —(a) on payment of a licence fee or renewal fee (if prescribed), grant or renew the licence, as the case may be; or (b) refuse (without compensation) to grant or renew the licence, as the case may be. (2) The Licensing Officer must not grant or renew a licence if the Licensing Officer is satisfied that —(a) the applicant is not a fit and proper person to hold a licence; or (b) a key appointment holder of the applicant is not a fit and proper person to act in that capacity. (3) In determining whether —(a) an applicant is a fit and proper person to hold a licence; or (b) a key appointment holder of an applicant is a fit and proper person to act in that capacity, the Licensing Officer may have regard to, and give any weight that the Licensing Officer considers appropriate to, any criteria and requirements that are prescribed. (4) To avoid doubt, the Licensing Officer is not confined to consideration of the criteria and requirements prescribed under subsection (3), and may take into account any other matter or evidence that may be relevant.

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Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.