sec.11Conditions for granting application

### sec.11 Conditions for granting application The Minister may grant an application for a primary licence only if the Minister is satisfied— the applicant is a suitable person to hold a licence of the type to which the application relates; and each business or executive associate of the applicant is a suitable person to be associated with the operations of the holder of a licence of that type. However, the Minister may refuse to grant an application even if the Minister is satisfied of the matters mentioned in subsection (1) . Without limiting the other matters the Minister may consider in deciding whether to grant an application for a primary licence, the Minister may have regard to the terms of another primary licence in force at the time of the application and any commercial arrangements in place relating to that other licence. s 11 amd 2007 No. 22 s 11 (sec.11-ssec.1) The Minister may grant an application for a primary licence only if the Minister is satisfied— the applicant is a suitable person to hold a licence of the type to which the application relates; and each business or executive associate of the applicant is a suitable person to be associated with the operations of the holder of a licence of that type. (sec.11-ssec.2) However, the Minister may refuse to grant an application even if the Minister is satisfied of the matters mentioned in subsection (1) . (sec.11-ssec.3) Without limiting the other matters the Minister may consider in deciding whether to grant an application for a primary licence, the Minister may have regard to the terms of another primary licence in force at the time of the application and any commercial arrangements in place relating to that other licence. - (a) the applicant is a suitable person to hold a licence of the type to which the application relates; and - (b) each business or executive associate of the applicant is a suitable person to be associated with the operations of the holder of a licence of that type.