176Dealer's managers to be approved by Director

176 Dealer's managers to be approved by Director (1) A licensed dealer must not carry on business as a dealer at a place unless there is present and in charge of the day-to-day conduct of the business at that place: (a) if the dealer is a body corporate – an individual approved by the Director for this section (approved individual); or (b) if the dealer is an individual – either the dealer or an approved individual. Consumer Affairs and Fair Trading Act 1990 83 (2) Regulations may: (a) make provision with respect to applications to the Director for approvals for the purposes of this section; and (b) require the Director, on an application for approval being duly made, to grant or withhold approval within a specified time; and (c) specify the grounds on which the Director is to withhold approvals; and (d) enable the Director to grant approvals subject to conditions or restrictions; and (e) make provision as to the duration of approvals; and (f) empower the Director to revoke approvals on specified grounds; and (g) provide for the payment of application fees and fees for the granting of approvals; and (h) enable the Director to seek such information and advice as the Director considers necessary for the purpose of dealing with applications in accordance with the regulations.