In section 17(1) of the Principal Act—
(a) after paragraph (b) insert —
"(ba) if the Chief Commissioner is satisfied that the applicant is not a fit and proper person on the basis of information known to the Chief Commissioner as to the criminal activities of the applicant; or";
(b) for paragraph (c)(i) and (ia) substitute —
"(i) in relation to an applicant to which paragraph (ba) does not apply, the applicant is a fit and proper person; and
(ia) all responsible persons in relation to the application are fit and proper persons; and".