(1) The Commissioner
may refuse an application by a person, or persons constituting a firm, for the
grant or renewal of an authorisation, if, in the opinion of the Commissioner,
there is any ground on which an allegation could be made under section 20(1)
—
(a) in
respect of the person or persons; or
(b) in
respect of a person concerned in the management or conduct of a body corporate
that is the applicant or one of the applicants.
(1A) If the
Commissioner is considering making an adverse decision in relation to the
application, the Commissioner must give the applicant the opportunity to give
additional information in relation to that application.
[(1a), (1b) deleted]
(1c) Subsection (1) is
in addition to the other powers that the Commissioner has to refuse an
application.
[(2) deleted]
[Section 18 amended: No. 49 of 1979 s. 7; No. 87
of 1981 s. 6; No. 4 of 2002 s. 12; No. 55 of 2004 s. 767; No. 58 of 2010 s. 42
and 50.]