(1) The regulator must register an applicant under this Part if satisfied that—
(a) the applicant is a fit and proper person to be registered; and
(b) all requirements in relation to the application and applicant under this Part have been complied with.
(2) The regulator must refuse to register an applicant under this Part if the regulator is not satisfied about the matters set out in subsection (1)(a) and (b).
New s. 59 inserted by No. 63/2017 s. 18.