22Granting or refusing to grant licence

22 Granting or refusing to grant licence (1) The Authority must grant a licence to an applicant if the Authority is satisfied that the applicant is eligible under this Act to hold the licence. (2) The Authority must refuse to grant a licence if the Authority is satisfied that the applicant is ineligible under this Act to hold the licence. (3) If the Authority refuses to grant a licence, the Authority must refund the prescribed licence fee to the applicant. (4) A licence must be in the form approved by the Authority, and must include the number of the licence. (5) The Authority is not required to conduct a hearing to determine whether to grant a licence or refuse to grant a licence.