Eligibility of other persons to hold estate agent’s licence
31. Subject to the provisions of this Act, no person (other than an individual) shall be eligible to be granted or to hold or continue to hold an estate agent’s licence unless —
(a)
the person has a key executive officer who satisfies the requirements of this Act;
(b)
the key executive officer and each of the person’s directors or partners for the time being is a fit and proper person;
(c)
the person does not hold a moneylender’s licence;
(d)
none of the person’s directors or partners for the time being holds a moneylender’s licence;
(e)
none of the person’s directors or partners for the time being is an employee, a director or a partner of a person who holds a moneylender’s licence;
(f)
the Council is satisfied that the person complies with such other requirements as are prescribed and which apply to the person; and
(g)
the Council otherwise considers the person to be a fit and proper person to hold an estate agent’s licence.