55Application—request for information

55 Application—request for information (1) The regulator may require any of the following people to give the regulator additional information the regulator believes on reasonable grounds to be necessary to decide the application: (a) a person who applies for a licence under section 49; and (b) a person who applies to amend a licence under section 51. (2) If an application is to transfer a licence under section 52, the regulator may require the following people to give the regulator additional information the regulator believes on reasonable grounds to be necessary to decide the application: (a) the person who applies to transfer the licence; (b) the person who is to receive the transferred licence.

(a) request, in writing, the additional information; and (b) may require the additional information to be provided within a stated time. (4) The regulator may refuse to consider the application further until the additional information is provided.