26BApproval of application

26B Approval of application (1) The ESC may approve an application for a VEET scheme registry account if— (a) the ESC determines that the applicant is a fit and proper person for the purposes of holding a VEET scheme registry account; and (b) the applicant does not hold a VEET scheme registry account; and S. 26B(1)(c) repealed by No. 15/2025 s. 40. S. 26B(1)(d) amended by No. 12/2023 s. 9. (d) the application is accompanied by the fee (if any) fixed under section 73. (2) If the ESC is not satisfied that an application for a VEET scheme registry account complies with subsection (1), the ESC must refuse the application. (3) Without limiting subsection (2), the ESC must refuse a person's application for a VEET scheme registry account if— (a) the ESC determines that the person is not a fit and proper person for the purposes of holding a VEET scheme registry account; or (b) the application is not accompanied by the relevant fee. S. 26C inserted by No. 34/2022 s. 24.