Victorian Current Acts Victorian Current Acts(1) The Regulator must consider an application under section 40 for a licence in accordance with this Part.
S. 43(2) amended by No. 43/2007 s. 49(1).
(2) However, the Regulator is not required to consider the application, or may cease considering the application, if—
(a) the application does not contain the information specified by the Regulator or prescribed by the regulations; or
(b) the application does not satisfy section 40(3); or
(c) the application is not accompanied by the application fee (if any) prescribed by the regulations; or
(d) the applicant did not provide further information required by the Regulator by notice under section 42 within the period specified in the notice; or
S. 43(2)(e) amended by No. 43/2007 s. 49(2).
(e) the Regulator is satisfied that to issue the licence would be inconsistent with a policy principle in force under section 21; or
S. 43(2)(f) inserted by No. 43/2007 s. 49(3).
(f) the Regulator is satisfied (having regard to the matters specified in section 58) that the applicant is not a suitable person to hold a licence.
(3) The Regulator must issue the licence, or refuse to issue the licence, within the period (if any) prescribed by the regulations.