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Cap. 480 · cap/480 (Cap. 480)

Cap. 480 Art. 14Licence to dealer.

PART III

In forceOfficial text

A person shall not carry out the trade or business of a dealer without a licence issued by the Commissioner after consultation with the Board provided that such person:

(a) satisfies the requirements of article 23;

(b) satisfies the conditions laid down in Part V and satisfies the Commissioner of his private and professional integrity;

(c) where the applicant is a legal person, the Commissioner must be satisfied of the private and professional integrity of its directors, shareholders and any other persons who exercise direction or control over the legal person. Any transfer of shares whether inter vivos or causa mortis and, or appointment of directors shall require the approval of the Commissioner;

(d) has complied with such other requirements as may be prescribed by regulations or by the conditions of such licence concerning knowledge about and secure storage of such weapons, firearms and ammunition.