8Eligibility for licence

#### 8 Eligibility for licence 8 Eligibility for licence > > (1) An individual is eligible to hold a licence only if the Secretary is satisfied that— > > > > > (a) he or she is at least 18 years of age, and > > > > > (b) he or she is a fit and proper person to hold a licence and each person with whom he or she is in partnership in connection with the business concerned is a fit and proper person to hold a licence, and > > > > > (c) he or she is not a disqualified person, and > > > > > (d) he or she is not a controlled member of a declared organisation within the meaning of the [Crimes (Criminal Organisations Control) Act 2012](/view/html/inforce/current/act-2012-009). > > > > > > Note. > > > > > > Controlled members are prohibited from applying for licences—see section 27 of the [Crimes (Criminal Organisations Control) Act 2012](/view/html/inforce/current/act-2012-009). > > > (2) A corporation is eligible to hold a licence only if the Secretary is satisfied that— > > > > > (a) the corporation is a fit and proper person to hold a licence, and > > > > > (b) each director of the corporation is a fit and proper person to hold a licence, and > > > > > (c) the corporation is not a disqualified person. > > > (3) If an applicant for a licence has been charged with an offence involving dishonesty, the Secretary may await the outcome of proceedings on the charge before determining the application. > > **s 8:** Am 1998 No 48, Sch 2.16 \[1\]. Subst 2002 No 104, Sch 1 \[4\]. Am 2009 No 23, Sch 3.6 \[2\]; 2012 No 9, Sch 1.9 \[2\].