65Refusal of certain licence applications—the Act, Sch 2, cl 8

65 Refusal of certain licence applications—the Act, Sch 2, cl 8

65 Refusal of certain licence applications—the Act, Sch 2, cl 8

(1) An application for the issue, transfer or variation of a licence, or for approval of the surrender of a licence, may be refused by the appropriate regulatory authority—

(a) if a fee or other amount due and payable under the Act or this Regulation in relation to the application or licence is unpaid, or

(b) if the applicant has previously defaulted in the payment of a fee or other amount in relation to the licence or another licence and the default continues.

(2) This section does not limit the grounds on which an application may be refused.