34XRegulator may refuse to grant application

34X Regulator may refuse to grant application

(1) The Regulator may refuse to grant a licence application or a transfer application if—

(a) in the case of a licence application—

(i) the Regulator considers that the applicant or any associate of the applicant is not a suitable person to hold or carry on or be associated with a tobacco supply business under a licence; or

(ii) at the time of making the application, any associate of the applicant is a disqualified person; or

(b) in the case of a transfer application—

(i) the Regulator considers that the proposed transferee or any associate of the proposed transferee is not a suitable person to hold or carry on or be associated with a tobacco business under the licence; or

(ii) at the time of making the application, any associate of the proposed transferee is a disqualified person.

(2) In addition to subsection (1), and without limiting the grounds on which the Regulator may refuse to grant any application referred to in section 34W(1), the Regulator may refuse to grant an application if—

(a) the Regulator considers that the granting of the application would be conducive to, or encourage, contraventions of this Act or the regulations; or

(b) the application has not been made in accordance with this Act or the regulations.

S. 34Y inserted by No. 51/2024 s. 8.