105EApplication requirements

#### 105E Application requirements 105E Application requirements > > (1) An application for a licence is to be made in the manner and accompanied by the documents (if any) determined by the Authority. > > > (2) An application for a joint licence may be made by 2 or more persons. > > > (3) Without affecting the generality of subsection (1), an applicant for a licence may be required to furnish the following particulars and documents— > > > > > (a) particulars of the shareholders, directors and other managers of the applicant, > > > > > (b) previous returns and accounts under the [Corporations Law](/view/html/inforce/current/sl-1999-0703), the [Corporations Act 2001](http://www.legislation.gov.au/) of the Commonwealth and the [Insurance Act 1973](http://www.legislation.gov.au/) of the Commonwealth, > > > > > (c) particulars of re-insurance arrangements to which the applicant is a party, > > > > > (d) a draft business plan under section 105S. > > > (4) In addition to the matter specified in subsection (3), an applicant for a licence as a licensed provider to provide cover under a fidelity fund scheme must furnish the following— > > > > > (a) particulars of all of the trustees of the fund, > > > > > (b) a copy of the trust deed for the fund certified in accordance with the requirements of the regulations (if any), > > > > > (c) particulars of any insurance arrangements to underwrite the liabilities of the Fund. > > > (5) A person who, in or in connection with an application for a licence, makes a statement knowing that it is false or misleading in a material particular is guilty of an offence. > > > > Maximum penalty—500 penalty units or imprisonment for 2 years, or both. > > **ss 105A–105R:** Ins 2017 No 28, Sch 1 \[61\].