15Licensing of corporations

15 Licensing of corporations S. 15(1) substituted by No. 10028 s. 9(a), amended by No. 41/2003 s. 20(1), substituted by No. 41/2003 s. 21(1). (1) Subject to this section, a corporation is not eligible to be granted an estate agent's licence, or to hold or to continue to hold an estate agent's licence, unless the corporation has a licensed estate agent acting as the officer in effective control of its estate agency business. S. 15(1A) inserted by No. 29/1989 s. 7(1)(a), amended by Nos 86/1994 s. 47(e)(i)(ii) (vii), 72/2001 s. 3(Sch. item 7.3(a)), repealed by No. 41/2003 s. 20(2). S. 15(1B) inserted by No. 38/1993 s. 4, amended by Nos 86/1994 s. 47(e)(iv), 72/2001 s. 3(Sch. item 7.3(a)), repealed by No. 41/2003 s. 20(2). S. 15(1C) inserted by No. 86/1994 s. 10(1) amended by Nos 44/2001 s. 3(Sch. item 39.2), 9/2002 s. 3(Sch. item 6.2), repealed by No. 41/2003 s. 20(2). S. 15(2) amended by Nos 10028 s. 9(b)(c), 86/1994 s. 47(e)(iii) (v)–(vii), substituted by No. 41/2003 s. 20(2), repealed by No. 103/2004 s. 37. S. 15(2A) inserted by No. 10028 s. 9(d), amended by Nos 86/1994 s. 47(e)(v)(vii), 72/2001 s. 3(Sch. item 7.3(b)), substituted by No. 41/2003 s. 20(2), repealed by No. 103/2004 s. 37. S. 15(3) amended by Nos 9500 s. 3(a), 86/1994 s. 47(e)(iii), substituted by No. 41/2003 s. 20(2). (3) A corporation is not eligible to be granted an estate agent's licence if any of its directors would be ineligible, under section 14(5), to be granted an estate agent's licence as an individual. S. 15(3A) inserted by No. 9500 s. 3(b), amended by No. 86/1994 s. 47(d), repealed by No. 41/2003 s. 20(2). S. 15(4) repealed by No. 41/2003 s. 21(2). S. 15(5) amended by Nos 9500 s. 3(c), 29/1989 s. 7(1)(b), 86/1994 ss 10(2), 47(d), repealed by No. 103/2004 s. 37. S. 15(6) amended by No. 86/1994 s. 47(d), repealed by No. 103/2004 s. 37. S. 15(7) inserted by No. 86/1994 s. 10(3), amended by No. 72/2001 s. 3(Sch. item 7.4), repealed by No. 41/2003 s. 21(2). S. 16 amended by Nos 10028 s. 10(a)–(c), 29/1989 s. 8(a), substituted by No. 86/1994 s. 11.