sec.49Conditions for granting application

### sec.49 Conditions for granting application The chief executive may grant an application for a key person licence only if— the applicant’s photograph and fingerprints have been taken; and the chief executive is satisfied the applicant is a suitable person to hold a key person licence. In deciding whether the applicant is a suitable person to hold a key person licence, the chief executive may have regard to the following matters— the applicant’s character; the applicant’s current financial position and financial background; the applicant’s general suitability to carry out functions as a key employee or to be a key operator for a primary licensee. s 49 amd 2007 No. 22 s 3 sch 1 (sec.49-ssec.1) The chief executive may grant an application for a key person licence only if— the applicant’s photograph and fingerprints have been taken; and the chief executive is satisfied the applicant is a suitable person to hold a key person licence. (sec.49-ssec.2) In deciding whether the applicant is a suitable person to hold a key person licence, the chief executive may have regard to the following matters— the applicant’s character; the applicant’s current financial position and financial background; the applicant’s general suitability to carry out functions as a key employee or to be a key operator for a primary licensee. - (a) the applicant’s photograph and fingerprints have been taken; and - (b) the chief executive is satisfied the applicant is a suitable person to hold a key person licence. - (a) the applicant’s character; - (b) the applicant’s current financial position and financial background; - (c) the applicant’s general suitability to carry out functions as a key employee or to be a key operator for a primary licensee.