s 4 Application for a licence
4.—(1) Any person who desires to obtain a licence must make an application in the prescribed manner to the Board for the grant of a licence. (2) Upon receiving an application under subsection (1), the Board must consider the application and may grant a licence for a period of one year at a time, with or without conditions, or refuse to grant a licence. (3) The Board must refuse to grant a licence if —(a) satisfactory evidence has not been produced to show that the applicant is a fit and proper person to hold a licence; (b) the applicant or, if the applicant is a company, any of its officers holding a managerial or executive position has been convicted of any offence involving dishonesty, fraud or moral turpitude; or (c) the Board considers it in the public interest to do so. (4) A person who is not an incorporated person may not be licensed under this section unless the person is registered under a registered business name under the Business Names Registration Act 2014.[29/2014] (5) Every licensee must pay such annual licence fee as may be prescribed.