(1) A person who desires to make application for a licence shall ¾

(a) complete and sign such forms as are approved by the Commission;

(b) lodge with the Commission the forms together with the fee, if any, prescribed in respect of the application by regulation 17.

(2) A person may ¾

(a) at any time prior to the determination of their application for the grant of a licence, withdraw the application by notice in writing served on the Commission;

(b) at any time after a licence is granted to that person, surrender that licence to the Commission,

and upon receipt by the Commission of a notice of withdrawal or the surrender of a licence pursuant to this subregulation, that application or licence, as the case may be, ceases to have effect, but a withdrawal or surrender so made does not affect the operation of regulation 18 or the validity of any bond or security lodged under that regulation.

[Regulation 9 amended in Gazette 14 Jul 1989 p. 2133; 10 Jul 1992 p. 3286-7; 20 Sep 2002 p. 4698; 30 Jan 2004 p. 404 and 412.]