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(d) the applicant is in breach of an ailment associated with licence;

(d) the applicant is in breach of an ailment associated with licence;

( ag e) the applicant fails to conform to a demand produced by the Registrar under subsection (3); or

(f) the applicant is regarded as become certified under area 18 and will not consent to using the Registrar apply conditions to your licence which is why the applicant is using. 2008, c. 9, s. 10 (1).

Interested person or entity

(2) For the purposes with this part, someone or entity is regarded as become a person that is interested entity according of some other individual or entity in the event that individual or entity is from the other individual or entity or if, into the viewpoint associated with the Registrar,

(a) the individual or entity has or could have a useful desire for the business enterprise associated with the other individual or entity;

(b) the person or entity workouts or may directly exercise control either or indirectly throughout the other person or entity; or

(c) the individual or entity has furnished or might have supplied funding either straight or indirectly to your business for the other individual or entity. 2008, c. 9, s. 10 (2).

Obtain information

(3) The Registrar may request a job candidate for the licence or renewal of the licence to give you to the Registrar, within the kind and inside the period of time specified because of the Registrar,

(a) information specified because of the Registrar this is certainly strongly related the choice to be manufactured by the Registrar as to whether or perhaps not to issue the licence or renewal; and

(b) verification, by affidavit or else, of any information described in clause (a) that the applicant is supplying or has furnished to your Registrar. 2008, c. 9, s. 10 (3).

Conditions of licence

11 (1) A licence is susceptible to the conditions to that your applicant for the licence or even the licensee consents, that the Registrar is applicable under subsection (2), that the Tribunal orders or which can be prescribed. 2008, c. 9, s. 11 (1).

Conditions of Registrar

(2) Upon issuing or renewing a licence or at every other time, the Registrar may apply to the licence the conditions that the Registrar considers appropriate. 2008, c. 9, s. 11 (2).

Licence perhaps maybe maybe not transferable

(3) A licence is certainly not transferable. 2008, c. 9, s. 11 (3).

12 at the mercy of part 13, the Registrar may will not issue a licence or renewal of the licence or may suspend or revoke a licence if, within the viewpoint associated with Registrar, the applicant or perhaps the licensee, due to the fact full situation can be, just isn’t eligible for a licence under area 10. 2008, c. 9, s. 12.

Notice of proposal

13 (1) The Registrar shall inform the applicant or licensee, whilst the situation could be, on paper in the event that Registrar proposes to,

(a) will not issue a licence or renewal of licence;

(b) suspend or revoke a licence; or

(c) apply conditions up to a licence to that the applicant or licensee hasn’t consented. 2008, c. 9, s. 13 (1).

Content of notice

(2) The notice of proposition shall set out of the reasons for the proposed action and shall declare that the applicant or licensee is eligible to a hearing because of the Tribunal in the event that applicant or licensee, within 15 times after solution regarding the notice, acts a written ask for a hearing in the Registrar in addition to Tribunal. 2008, c. 9, s. 13 (2).

(3) The notice of proposition will be offered from the applicant or licensee prior to area 64. 2008, c. 9, s. 13 (3).

If no request hearing

(4) In the event that applicant or licensee will not request a hearing according to subsection (2), the Registrar may carry out of the proposition. 2008, c. 9, s. 13 (4).

(5) In the event that applicant or licensee needs a hearing, the Tribunal shall support the hearing. 2008, c. 9, s. 13 (5).

(6) The Registrar, the applicant or licensee while the other individuals that the Tribunal specifies are events towards the procedures ahead of the Tribunal. 2008, c. 9, s. 13 (6).

Powers of Tribunal

(7) After keeping the hearing, the Tribunal may,

(a) by purchase, direct the Registrar to hold the Registrar’s proposal out or replace its viewpoint for the associated with the Registrar; and

(b) may connect conditions to its purchase or even to a licence. 2008, c. 9, s. 13 (7).

(8) Whether or not a licensee appeals an order for the Tribunal under part 11 associated with the Licence Appeal Tribunal Act, 1999, your order takes impact instantly however the Tribunal may give a stay through to the disposition associated with the appeal. 2008, c. 9, s. 13 (8).

Service of hearing demand

14 (1) an ask for a hearing under area 13 is adequately served if delivered actually or delivered by subscribed mail towards the Registrar and also to the Tribunal. 2008, c. 9, s. 14 (1).

(2) If service is created by authorized mail, it really is considered to be produced regarding the day that is third your day of mailing. 2008, c. 9, s. 14 (2).

(3) Despite subsection (1), the Tribunal may purchase just about any way of solution it considers appropriate into the circumstances. 2008, c. 9, s. 14 (3).

15 (1) In the event that Registrar proposes to suspend or revoke a licence under area 13 and in case the Registrar considers it when you look at the general public interest to achieve this, the Registrar may, by purchase, suspend the licence. 2008, c. 9, s. 15 (1).

(2) The purchase takes impact instantly. 2008, c. 9, s. 15 (2).

Expiration of purchase

(3) If the licensee requests a hearing under part 13,

(a) your order expires 15 times following the Tribunal gets the written ask for a hearing; or

(b) the Tribunal may expand the full time of termination before the hearing is concluded, in case a hearing is commenced inside the period that is 15-day in clause (a). 2008, c. 9, s. 15 (3).

Expansion of purchase

(4) Despite subsection (3), in the event that Tribunal is pleased that the conduct regarding the licensee has delayed the commencement associated with hearing, it could expand the full time associated with the termination for the purchase,

(a) before the hearing commences; and

(b) after the hearing commences, before the hearing is concluded. 2008, c. 9, s. 15 (4).

16 The Registrar may cancel a licence upon the demand written down of this licensee and part 13 doesn’t connect with the termination. 2008, c. 9, s. 16.

Continuation pending renewal

17 If, in the time recommended or, if no time at all is recommended, prior to the expiry of a licence, the licensee has requested renewal of this licence and paid the fee that is required the licence is regarded as to continue,

(a) through to the renewal is granted;

(b) before the Registrar provides licensee written notice for the Registrar’s refusal under area 9 to issue the renewal; or

(c) in the event that licensee is offered observe that the Registrar proposes to refuse, under subsection 13 (1), to issue the renewal,

(i) before the time for requesting a hearing has expired, in the event that licensee will not request a hearing, or

(ii) before the Tribunal makes its purchase, if the licensee requests a hearing. 2008, c. 9, s. 17.

18 (1) a business, partnership, single proprietor, relationship or any other entity or specific acting as a loan provider or a loan broker in the time this area makes force is regarded as become certified as being a loan provider or loan broker, once the situation might be, before the expiration regarding the recommended time. 2008, c. 9, s. 18 (1).

Application for licence

(2) If a company, partnership, single proprietor, relationship or other entity or person who is regarded as become certified under subsection (1) is applicable for a licence and pays the desired cost in the recommended time mentioned for the reason that subsection, the applicant remains considered become certified until, he has a good point

(a) the Registrar dilemmas the licence to your applicant;

(b) the Registrar provides the applicant written notice associated with Registrar’s refusal under area 9 to issue the licence;

(c) the time for requesting a hearing expires, in the event that Registrar, under part 12, has proposed to will not issue the licence plus the applicant have not required a hearing; or

(d) the Tribunal makes an purchase directing the Registrar to hold the Registrar’s proposal out to will not issue the licence, in the event that Registrar, under part 12, has proposed to will not issue the licence while the applicant has requested a hearing. 2008, c. 9, s. 18 (2).

19 In the event that refusal to issue a licence or renewal of the licence has become last or if perhaps the revocation of a licence has grown to become last, the applicant or licensee, while the situation might be, may re-apply for the licence only when,

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