110. In addition to complying with the other conditions prescribed in this Chapter, the Minister shall not issue a permit where:(a) the applicant is an undischarged bankrupt or the legal person, partnership or association he represents is bankrupt or insolvent;
(b) during the 2 years preceding his application, the applicant has personally been found guilty of, or the legal person, partnership or association he represents has been found guilty of:i. (subparagraph revoked);
ii. an offence under the Act or this regulation.
(c) during the 5 years preceding his application, he has been found guilty of theft or fraud, attempted theft or fraud or an offence under paragraph e of subsection 1 of section 206 of the Criminal Code (R.S.C. 1985, c. C-46).