52Determination of applications

#### 52 Determination of applications 52 Determination of applications > > (1) The NICC is to consider an application for a licence and is to take into account the results of its investigations and inquiry and any submissions made by the applicant within the time allowed. > > > (2) The NICC is not to grant a licence unless satisfied that the applicant is a suitable person to hold a licence. > > > (3) For that purpose, the NICC is to make an assessment (a suitability assessment) of— > > > > > (a) the integrity, responsibility, personal background and financial stability of the applicant, and > > > > > (b) the general reputation of the applicant having regard to character, honesty and integrity. > > > > > (c) (Repealed) > > > (3A) In the case of an application for a licence that will only authorise the exercise of functions that comprise the carrying on of a security activity (within the meaning of the [Security Industry Act 1997](/view/html/inforce/current/act-1997-157)) for which the applicant holds a licence under that Act— > > > > > (a) the NICC is entitled to determine the application on the assumption that the applicant is a suitable person to hold a licence and that a suitability assessment is not required, and > > > > > (b) accordingly the NICC is not required to investigate or inquire into the application. > > > (4) The NICC is to determine the application by either granting a licence to the applicant or declining to grant a licence, and is to notify the applicant in writing of its decision. > > > (5) The NICC is not required to give reasons for its decision but may give reasons if it thinks fit. > > **s 52:** Am 2001 No 27, Sch 1 \[9\]; 2010 No 16, Sch 1 \[10\]–\[12\]; 2018 No 8, Sch 1 \[7\] \[8\].