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{
    "id": 1035939,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1035939/?format=api",
    "text_counter": 991,
    "type": "speech",
    "speaker_name": "Moiben, JP",
    "speaker_title": "Hon. Silas Tiren",
    "speaker": {
        "id": 2364,
        "legal_name": "Silas Kipkoech Tiren",
        "slug": "silas-kipkoech-tiren"
    },
    "content": "(3) For the purposes of this section, the criteria for assessing the professional or moral suitability of a person applying for a license shall be as prescribed in the Second Schedule. (4) In considering an application for a license, the Board may require to be satisfied as to— (a) the financial condition and history of the applicant; (b) the integrity of its management; (c) the professional and moral suitability of the persons proposed to manage or control applicant; (d) the adequacy of the capital structure of the applicant; and (e) the public interest which will be served by the granting of the license. (2) The Board may at any time during the validity of a license — (a) vary the conditions of the license; or (b) impose conditions or further conditions on the licence. Application for renewal of a license. 24Q. (1) An application for the renewal of a licence under this Act shall be made to the Board in a form prescribed not later than the first day of the month of June in which the current licence is due to expire. (2) Despite subsection (1), a late application may be made upon payment of a late application fee as may be prescribed by the Board. Revocation or alteration of a licence. 24R. The Board may revoke, alter or suspend a licence issued under this Act if in its opinion— (a) an offence under this Act, or in respect of the licensed activity under any other written law, has been committed by the licence holder or any employee of the licence holder; or (b) a condition of the licence has been contravened or not complied with. Surrender of licence. 24S. (1) The holder of a licence which is revoked shall immediately surrender it to the Board. (2) A licence holder may at any time surrender the licence to the Board and the licence shall cease to have effect immediately. Appeals to the High Court. 24T. (1) An applicant for or holder of a licence who is aggrieved by a decision of the Board may appeal to the High Court on or in respect of— (a) the grant, refusal, renewal, variation or revocation; or (b) the conditions imposed on the grant, renewal or variation, of a licence. (2) An appeal under this section shall be lodged within thirty days from the date on which the appellant first received notice of the decision. Approval of fees charged. 24U. Any fee, commission or other dues charged by a broker, management agent or an auction organizer shall be subject to prior approval by the Board. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}