(1) The Minister is to determine whether to grant or refuse an application after receiving the report of the Secretary under section 3.4.43.
(2) The Minister may grant an application only if he or she is satisfied that the granting of the application is in the public interest, taking into account each of the following matters—
(a) whether the applicant, and each associate of the applicant, is of good repute, having regard to character, honesty and integrity;
(b) whether the applicant, or an associate of the applicant, has an association with a person or body that is not of good repute having regard to character, honesty and integrity as a result of which the applicant or the associate is likely to be significantly affected in an unsatisfactory manner;
(c) whether each executive officer of the applicant and any other person determined by the Minister to be concerned in or associated with the ownership, management or operation of the applicant's monitoring business, is a suitable person to act in that capacity;
(d) whether the applicant has sufficient technical capability and adequate systems to conduct the activities to be authorised by the licence;
(e) whether the applicant is of sound and stable financial background;
(f) whether the applicant has the ability to establish and maintain a successful monitoring business;
(g) any other matters the Minister considers relevant.
(3) In determining whether to grant or refuse an application, the Minister is entitled to rely on any findings or recommendations contained in the report of the Secretary under section 3.4.43.
(4) If the Minister refuses an application, he or she must give written notice to the applicant.
New s. 3.4.45 inserted by No. 29/2009 s. 23, amended by No. 60/2011 s. 46, substituted by No. 1/2021 s. 13.