You are entitled to hold a licence as an employee if you:
hold the approved qualifications; are not suspended or disqualified from practising or carrying on an occupation, trade or business;have not been convicted of an offence listed in the Regulations; and are a fit and proper person.
If a business operates as a partnership each person in the partnership must hold their own licence.
You are entitled to hold a licence to run a business if you:
- hold the approved qualifications (or one of your partners is qualified);and
- have (or together the partnership has) sufficient business, knowledge, experience and financial resources;and
- are not suspended disqualified from practising or carrying on an occupation, trade or business;and
- are not an undischarged bankrupt or have not been subject to a composition or deed or scheme of arrangement for the benefit of creditors;and
- have not, during the period of five years preceding the application for a licence, been a director for a body corporate that has been wound up for the benefit of creditors, when the body was being so wound up; or within the period of 6 months preceding the start of the winding up;and
- have not been found guilty or convicted of an offence listed in the Regulations;and
- are a fit and proper person.